On The Theory And Measurement Of Economic Relations
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On The Theory And Measurement Of Economic Relations
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Author : Trygve Haavelmo
language : en
Publisher:
Release Date : 1941
On The Theory And Measurement Of Economic Relations written by Trygve Haavelmo and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1941 with Economics, Mathematical categories.
Econometrics In A Formal Science Of Economics
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Author : Bernt P. Stigum
language : en
Publisher: MIT Press
Release Date : 2015
Econometrics In A Formal Science Of Economics written by Bernt P. Stigum and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with Business & Economics categories.
An examination of the role of theory in applied econometrics.
The Measurement Of Economic Relationships
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Author : Peter Tryfos
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-03-09
The Measurement Of Economic Relationships written by Peter Tryfos and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-03-09 with Business & Economics categories.
Astranger in academia cannot but be impressed by the apparent uniformity and precision of the methodology currently applied to the measurement of economic relationships. In scores of journal articles and other studies, a theoretical argument is typically presented to justify the position that a certain variable is related to certain other, possibly causal, variables. Regression or a related method is applied to a set of observations on these variables, and the conclusion often emerges that the causa,l variables are indeed "significant" at a certain "level," thereby lending support to the theoretical argument-an argument presumably formulated independently of the observations. A variable may be declared significant (and few doubt that this does not mean important) at, say, the 0. 05 level, but not the 0. 01. The effects of the variables are calculated to many significant digits, and are often accompanied by intervals and forecasts of not quite obvious meaning but certainly of reassuring "confidence. " The uniformity is also evident in the many mathematically advanced text books of statistics and econometrics, and in their less rigorous introductory versions for students in economics or business. It is reflected in the tools of the profession: computer programs, from the generaiones addressed to the incidental researcher to the dedicated and sophisticated programs used by the experts, display the same terms and implement the same methodology. In short, there appears no visible alternative to the established methodol ogy and no sign of reservat ions concerning its validity.
Quantitative International Economics
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Author : Edward E. Leamer
language : en
Publisher: Transaction Publishers
Release Date :
Quantitative International Economics written by Edward E. Leamer and has been published by Transaction Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on with Business & Economics categories.
This distinctive book sets forth, on an advanced level, various methods for the quantitative measurement of important relationships at issue in areas of the balance of payments and international trade and welfare. The results achieved in recent studies are presented and the directions for new research are indicated. This book is composed of two main parts. Part I deals with the balance of payments and consists of the first half of the book. One of the longest and almost important chapters of this part talks about, at length the time-series analysis of the demand for imports and exports from the point of view of an individual country. This subject has a long and somewhat checkered history dating from the 1940's, when a number of estimates using least squares multiple regression methods were made of import and export demand functions for the interwar period. The noteworthy feature of many of these estimates was that they suggested relatively low price elasticities of demand in international trade. The implication was thus drawn that the international price mechanism could not be relied on for balance-of payments adjustment purposes. This book talks about the topics of theory and measurement of the elasticity of substitution in international trade, estimating the international capital movements, and forecasting and policy analysis with econometric models. Part II deals with international trade and welfare. While, there are many other books dealing with trade theory, this title focuses on a narrower range of topics that are not always mentioned or understood by individuals, such as the theory and measurement of trade dependence and interdependence, the analysis of the component factors a country has that affects how its export growth is over time, and the welfare effects of trade liberalization This book serves as a guide and reference work for economics graduate students, academicians, and practicing economists in private and governmental circles. They will find this book a valuable and highly useful. Edward E. Leamer is Chauncey J. Medberry Professor of Management at the UCLA department of Economics. He is a research associate at the National Bureau of Economic Research, a fellow at the American Academy of Arts and Sciences and the Econometric Society, and director of the UCLA Anderson Forecast. He has published over 100 articles and 4 books. Robert M. Stern is Professor emeritus of Economics and Public Policy at The University of Michigan, Ann Arbor. He is the co-director of the Research Seminar in International Economics at the Gerald R. Ford School of Public Policy. He is also head of the Ford School International Concentration and the Ford school program of research on U.S. Japan international economic relations.
Theory And Measurement Of Economic Externalities
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Author : Steven A. Y. Lin
language : en
Publisher: Academic Press
Release Date : 2014-05-10
Theory And Measurement Of Economic Externalities written by Steven A. Y. Lin and has been published by Academic Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-05-10 with Business & Economics categories.
Theory and Measurement of Economic Externalities provides information on some analytical and empirical developments in the field of externalities. This book presents the function of turning out producer's goods in the form of better knowledge, analytical formulation, and approaches for application to current problems. Organized into five parts encompassing 12 chapters, this book begins with an overview of the notion of externalities in connection with analyses of economic welfare. This text then discusses the relationship between publicness and external diseconomies when either consumption or production or decision sets are nonconvex due to a high degree of externalities. Other chapters consider disproving the pessimistic conclusions concerning tax–subsidy schemes. This book discusses as well the solutions for the allocation of resources in an economy with public goods and interdependent preferences. The final chapter deals with a general framework for estimating externality production functions. This book is a valuable resource for economists.
Measurement In Economics
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Author : Wolfgang Eichhorn
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-11-11
Measurement In Economics written by Wolfgang Eichhorn and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-11-11 with Business & Economics categories.
First discussions on several topics of this book took place at a symposium held at the University of Karlsruhe (July 14 - 21, 1985). The book is divided into nine parts with the headings "Methodology and Methods" (4 papers), "Prices" (9), "Efficiency" (5), "Preferences" (7), "Quality" (2), "Inequality" (6), "Taxation" (6), "Aggregation" (6), and "Econometrics" (6). The topics range from the "equation of measurement", a functional equation which plays an important role in the subject, through various approaches to price, efficiency, inequality and tax progression measurement to results on consistency, efficiency and separability in aggregation, productivity measurement, cost functions, allocation inefficiencies, key sector indices, and testing of integrability conditions in econometrics. There are applications to the economies of the U.S.A., Japan and Germany. It contains also papers which deal with preferences, environmental quality and with noxiousness of substances.
The Economics Of Freedom
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Author : Sebastiano Bavetta
language : en
Publisher: Cambridge University Press
Release Date : 2012-06-29
The Economics Of Freedom written by Sebastiano Bavetta and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-06-29 with Political Science categories.
What is freedom? Can we measure it? Does it affect policy? This book develops an original measure of freedom called 'Autonomy Freedom', consistent with J. S. Mill's view of autonomy, and applies it to issues in policy and political design. The work pursues three aims. First, it extends classical liberalism beyond exclusive reliance on negative freedom so as to take autonomous behavior explicitly into account. Second, it grounds on firm conceptual foundations a new standard in the measurement of freedom that can be fruitfully coupled with existing gauges. Third, it shows empirically that individual preferences for redistribution and cross-country differences in welfare spending in Organisation for Economic Co-operation and Development (OECD) countries are driven by the degree of 'autonomy freedom' that individuals enjoy. By means of an interdisciplinary approach and a sophisticated econometric methodology, the book takes an explicit stand in defense of freedom and sets the basis for a liberalism based upon people's actions and institutions.
Themes In Economic Analysis
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Author : Subrata Guha
language : en
Publisher: Routledge
Release Date : 2015-08-11
Themes In Economic Analysis written by Subrata Guha and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-08-11 with Business & Economics categories.
This book covers diverse themes, including institutions and efficiency, choice and values, law and economics, development and policy, and social and economic measurement. Written in honour of the distinguished economist Satish K. Jain, this compilation of essays should appeal not only to students and researchers of economic theory but also to those interested in the design and evaluation of institutions and policy.
Intra Industry Trade
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Author : Peter John Lloyd
language : en
Publisher: Edward Elgar Publishing
Release Date : 2003
Intra Industry Trade written by Peter John Lloyd and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Business & Economics categories.
This authoritative new collection presents a selection of previously published seminal articles that have led to the development of intra-industry trade theory and empirical research. Parts I and II cover the pioneering research in the 1960s and a number of models of intra-industry trade that were developed from 1979 to the present day. Parts III and IV look at the empirical research problems in the choice of measure of intra-industry trade and empirical studies that seek to identify the nature of this trade. Part V deals with the role of the multinational corporation and part VI completes the collection with articles that look at extensions to asset markets and applications to other problems such as the geography of trade and rules of origin. Intra-Industry Trade will be an invaluable source of reference to all international trade economists and libraries specialising in this area.
Theory Of Econometrics
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Author : A. Koutsoyiannis
language : en
Publisher:
Release Date : 1973
Theory Of Econometrics written by A. Koutsoyiannis and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1973 with Business & Economics categories.
PMIn reviewing the first edition, the IJournal of Economic Literature hailed it as a "textbook which emphasizes clarity of exposition and simplification of the mathematical presentation of topics. It] assumes only college algebra and introductory statistics since 'the greatest attention is given to economic aspects of econometrics.'" The author's extensive revisions of several chapters and sections are aimed at further clarification of important and relevant data.