The Measurement Of Economic Relationships
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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.
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.
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.
The Role Of Measurement In Economics
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Author : Richard Stone
language : en
Publisher: Cambridge University Press
Release Date : 2013-10-10
The Role Of Measurement In Economics written by Richard Stone 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 2013-10-10 with Business & Economics categories.
First published in 1951, this book examines the role of measurement in obtaining and applying economic knowledge. Esteemed economist Richard Stone divides his topic into four sections: questions of fact and empirical constructs; the truth or falsity of a hypothesis; the estimation of parameters; and questions of prediction.
On The Problem Of Missing Measurements In The Estimation Of Economic Relationships
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Author : Jan Kmenta
language : en
Publisher:
Release Date : 1977
On The Problem Of Missing Measurements In The Estimation Of Economic Relationships written by Jan Kmenta and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1977 with Econometrics categories.
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.
Cost Structure And The Measurement Of Economic Performance
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Author : Catherine J. Morrison Paul
language : en
Publisher: Springer Science & Business Media
Release Date : 1999-02-28
Cost Structure And The Measurement Of Economic Performance written by Catherine J. Morrison Paul 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 1999-02-28 with Business & Economics categories.
Cost Structure and the Measurement of Economic Performance is designed to provide a comprehensive guide for students, researchers or consultants who wish to model, construct, interpret, and use economic performance measures. The topical emphasis is on productivity growth and its dependence on the cost structure. The methodological focus is on application of the tools of economic analysis - the `thinking structure' provided by microeconomic theory - to measure technological or cost structure, and link it with market and regulatory structure. This provides a rich basis for evaluation of economic performance and its determinants. The format of the book stresses topics or questions of interest rather than the theoretical tools for analysis. Traditional productivity growth modeling and measurement practices that result in a productivity residual often called the `measure of our ignorance' are initially overviewed, and then the different aspects of technological, market and regulatory structure that might underlie this residual are explored. The ultimate goal is to decompose or explain the residual, by modeling and measuring a multitude of impacts that determine the economic performance of firms, sectors, and economies. The chapters are organized with three broad goals in mind. The first is to introduce the overall ideas involved in economic performance measurement and traditional productivity growth analysis. Issues associated with different types of (short and long run, internal and external) cost economies, market and regulatory impacts, and other general cost efficiencies that might impact these measures are then explored. Finally, some of the theoretical, data construction and econometric tools necessary to justify and implement these models are emphasized.
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.
Measuring Development
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Author : Nancy Baster
language : en
Publisher: Psychology Press
Release Date : 1972
Measuring Development written by Nancy Baster and has been published by Psychology Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1972 with Business & Economics categories.
Compilation of interdisciplinary research papers on the measurement of economic development, social change and modernization, with particular reference to the development of social indicators and economic indicators - comprises essays on theoretical problems and methodology (incl. Economic analysis, etc.). References.
Relationship Economics
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Author : Lindon J. Robison
language : en
Publisher: Gower Publishing, Ltd.
Release Date : 2010
Relationship Economics written by Lindon J. Robison and has been published by Gower Publishing, Ltd. this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Economics categories.
It's not what you know but who you know that matters in business.'In this rigorous book Lindon Robison and Bryan Ritchie argue that what needs to be understood is not just whether relationships matter (which, of course, they do), but also when, how much, and in what circumstances they should matter.This is a 'must have' book for those with a professional or business need to understand:* How personal relationships can enhance economic efficiency while at other times distorting market outcomes through corruption or other means;* The way relationships are influenced by and influence processes of globalization;* The role of institutions in creating and distributing social capital;* How to identify, measure, and apply social capital in business and other exchanges.It will also be of immense value to anyone teaching, researching or studying economics, business, leadership and management, sociology, or political science.