Mensuração da mudança qualitativa dos automóveis brasileiros-1960/94

Abstract

The main goal of this paper is to build a quality change index for the Brazilian automobiles. To measure the quality evolution of Brazilian autos, I have assembled a data set for Brazilian passenger cars for the period 1960/94, to which 1 have applied the hedonic pricing methodology. To the best of my knowledge, this is the first time an index of quality change has been constructed for the Brazilian automobile industry. The results presented here have two major implications. They allow a better understanding of product innovation in Brazil's auto industry, and they provide a clearer explanation of the behavior of auto prices.