Abstract
New data on the attributes of several hundred PCs offered for sale in the United States in August 1992 and April 1993, and in Moscow, Russia, in April 1993, are used in hedonic regressions. Various indexes show the rate of change in prices in the United States, and the relative price in Moscow. Combining the two gives the lag in Russian prices and illustrates how to make interspatial hedonic comparisons.
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