Quality (philosophy)

Macroeconomics

Producer price index

World Wide Web

Product (mathematics)

Monetary policy

Philosophy

Hedonic index

Biology

Wholesale price index

Mid price

Price index

Economics

Computer science

Anatomy

Mathematics

Index (typography)

Price level

Epistemology

Econometrics

Geometry

Consumer price index (South Africa)

Spatial Economic Analysis

Micro-price data collected from Germany's consumer price index are used to compile a highly disaggregated regional price index for the 402 counties and cities of Germany. A multistage version of the weighted country-product-dummy (CPD) method is introduced. The unique quality of the price data allows one to depart from previous spatial price comparisons and to compare only exactly identical products. It is found that the price levels are spatially autocorrelated and largely driven by the cost of housing. The price level in the most expensive region is about 27% higher than in the cheapest region.

Anatomy of regional price differentials: evidence from micro-price data