The Measurement of Economic Relationships

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Publisher : Springer Science & Business Media
ISBN 13 : 1402028393
Total Pages : 160 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis The Measurement of Economic Relationships by : Peter Tryfos

Download or read book The Measurement of Economic Relationships written by Peter Tryfos and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Theory and Measurement of Economic Externalities

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Publisher : Academic Press
ISBN 13 : 1483271471
Total Pages : 280 pages
Book Rating : 4.4/5 (832 download)

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Book Synopsis Theory and Measurement of Economic Externalities by : Steven A. Y. Lin

Download or read book Theory and Measurement of Economic Externalities written by Steven A. Y. Lin and published by Academic Press. This book was released on 2014-05-10 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Role of Measurement in Economics

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Publisher : Cambridge University Press
ISBN 13 : 1107673860
Total Pages : 95 pages
Book Rating : 4.1/5 (76 download)

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Book Synopsis The Role of Measurement in Economics by : Richard Stone

Download or read book The Role of Measurement in Economics written by Richard Stone and published by Cambridge University Press. This book was released on 2013-10-10 with total page 95 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Econometrics in a Formal Science of Economics

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Publisher : MIT Press
ISBN 13 : 0262028581
Total Pages : 389 pages
Book Rating : 4.2/5 (62 download)

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Book Synopsis Econometrics in a Formal Science of Economics by : Bernt P. Stigum

Download or read book Econometrics in a Formal Science of Economics written by Bernt P. Stigum and published by MIT Press. This book was released on 2015 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: An examination of the role of theory in applied econometrics.

On the Problem of Missing Measurements in the Estimation of Economic Relationships

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Publisher :
ISBN 13 :
Total Pages : 72 pages
Book Rating : 4.E/5 ( download)

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Book Synopsis On the Problem of Missing Measurements in the Estimation of Economic Relationships by : Jan Kmenta

Download or read book On the Problem of Missing Measurements in the Estimation of Economic Relationships written by Jan Kmenta and published by . This book was released on 1977 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Measurement of Socio-economic Relationships for Optimization of Target Functions

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (729 download)

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Book Synopsis Measurement of Socio-economic Relationships for Optimization of Target Functions by : Simens Clemhout

Download or read book Measurement of Socio-economic Relationships for Optimization of Target Functions written by Simens Clemhout and published by . This book was released on 1966 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Improving the Measurement of Consumer Expenditures

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Publisher : University of Chicago Press
ISBN 13 : 022612665X
Total Pages : 517 pages
Book Rating : 4.2/5 (261 download)

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Book Synopsis Improving the Measurement of Consumer Expenditures by : Christopher D. Carroll

Download or read book Improving the Measurement of Consumer Expenditures written by Christopher D. Carroll and published by University of Chicago Press. This book was released on 2015-06-16 with total page 517 pages. Available in PDF, EPUB and Kindle. Book excerpt: Robust and reliable measures of consumer expenditures are essential for analyzing aggregate economic activity and for measuring differences in household circumstances. Many countries, including the United States, are embarking on ambitious projects to redesign surveys of consumer expenditures, with the goal of better capturing economic heterogeneity. This is an appropriate time to examine the way consumer expenditures are currently measured, and the challenges and opportunities that alternative approaches might present. Improving the Measurement of Consumer Expenditures begins with a comprehensive review of current methodologies for collecting consumer expenditure data. Subsequent chapters highlight the range of different objectives that expenditure surveys may satisfy, compare the data available from consumer expenditure surveys with that available from other sources, and describe how the United States’s current survey practices compare with those in other nations.

On the Theory and Measurement of Economic Relations

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Publisher :
ISBN 13 :
Total Pages : 262 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis On the Theory and Measurement of Economic Relations by : Trygve Haavelmo

Download or read book On the Theory and Measurement of Economic Relations written by Trygve Haavelmo and published by . This book was released on 1941 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Quantitative International Economics

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Publisher : Transaction Publishers
ISBN 13 : 0202368432
Total Pages : 224 pages
Book Rating : 4.2/5 (23 download)

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Book Synopsis Quantitative International Economics by : Edward E. Leamer

Download or read book Quantitative International Economics written by Edward E. Leamer and published by Transaction Publishers. This book was released on with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Cost Structure and the Measurement of Economic Performance

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Publisher : Springer Science & Business Media
ISBN 13 : 0792384032
Total Pages : 383 pages
Book Rating : 4.7/5 (923 download)

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Book Synopsis Cost Structure and the Measurement of Economic Performance by : Catherine J. Morrison Paul

Download or read book Cost Structure and the Measurement of Economic Performance written by Catherine J. Morrison Paul and published by Springer Science & Business Media. This book was released on 1999-02-28 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Econometrics

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Publisher :
ISBN 13 : 9788170418061
Total Pages : 476 pages
Book Rating : 4.4/5 (18 download)

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Book Synopsis Econometrics by : C.S. Nagpal Et Al.

Download or read book Econometrics written by C.S. Nagpal Et Al. and published by . This book was released on 1997-01-01 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt: Econometric Analysis Is Concerned With Statistical Inference In Economics, With The Methods Of Estimating And Testing Relationship Among Economic Variables. The Main Objective Is To Give Empirical Content To Economic Theory. Most Of Economic Study Is Concerned With Relationships Among Variables. The Models Of Econometric Analysis Will Have Following Basic Components; A Specification Of The Process By Which Certain Observed Independent Variables Are Generated A Specification Of The Process By Which Unobserved, Disturbances Are Generated, And A Specification Of The Relationship Connecting These To Observed Dependent Variables. It Should Be Clear That The Quantification Of Economic Theory Is Not A Mechanical Task. In Particular, It Is Not Simply A Matter Of Fitting Curves To Data, Of Measurement Without Theory. The Aim Of This Book Is That Rational Methods Of Measuring Economic Relationship Must Be Grounded In A Specification Of The Probabilistic Mechanisms That Link Economic Observations To Economic Theory.

Measurement of Social Capital and Growth

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Author :
Publisher : Fundacion BBVA
ISBN 13 :
Total Pages : 64 pages
Book Rating : 4./5 ( download)

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Book Synopsis Measurement of Social Capital and Growth by :

Download or read book Measurement of Social Capital and Growth written by and published by Fundacion BBVA. This book was released on with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Understanding National Accounts Second Edition

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Publisher : OECD Publishing
ISBN 13 : 9264214631
Total Pages : 520 pages
Book Rating : 4.2/5 (642 download)

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Book Synopsis Understanding National Accounts Second Edition by : Lequiller François

Download or read book Understanding National Accounts Second Edition written by Lequiller François and published by OECD Publishing. This book was released on 2014-10-20 with total page 520 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an update of OECD 2006 "Understanding National Accounts". It contains new data, new chapters and is adapted to the new systems of national accounts, SNA 2008 and ESA 2010.

Estimation of Economic Relationships with Censored, Truncated and Limited Dependent Variables

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Publisher :
ISBN 13 :
Total Pages : 176 pages
Book Rating : 4.:/5 (168 download)

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Book Synopsis Estimation of Economic Relationships with Censored, Truncated and Limited Dependent Variables by : Forrest Duane Nelson

Download or read book Estimation of Economic Relationships with Censored, Truncated and Limited Dependent Variables written by Forrest Duane Nelson and published by . This book was released on 1975 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Measuring Development

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Publisher : Psychology Press
ISBN 13 : 9780714629674
Total Pages : 200 pages
Book Rating : 4.6/5 (296 download)

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Book Synopsis Measuring Development by : Nancy Baster

Download or read book Measuring Development written by Nancy Baster and published by Psychology Press. This book was released on 1972 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

High and Rising Mortality Rates Among Working-Age Adults

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Publisher :
ISBN 13 : 9780309684736
Total Pages : pages
Book Rating : 4.6/5 (847 download)

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Book Synopsis High and Rising Mortality Rates Among Working-Age Adults by : National Academies of Sciences Engineering and Medicine

Download or read book High and Rising Mortality Rates Among Working-Age Adults written by National Academies of Sciences Engineering and Medicine and published by . This book was released on 2021-12-02 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Statistical Estimation of Simultaneous Economic Relationships

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Publisher :
ISBN 13 :
Total Pages : 112 pages
Book Rating : 4.3/5 (555 download)

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Book Synopsis Statistical Estimation of Simultaneous Economic Relationships by : Anirudh Lal Nagar

Download or read book Statistical Estimation of Simultaneous Economic Relationships written by Anirudh Lal Nagar and published by . This book was released on 1959 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: