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The Measurement Of Economic Relationship
Peter Tryfos
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Description for The Measurement Of Economic Relationship
Hardback. Presents a review of the established approach to measuring relationships in business and economics and of the one that preceded it. This work is based on the notion of a process "generating" the observations in a certain "random" manner, and on the concept of approximating the observations of the variable of interest as closely as possible. Series: Advanced Studies in Theoretical and Applied Econometrics. Num Pages: 162 pages, biography. BIC Classification: KCA; KCH. Category: (G) General (US: Trade). Dimension: 234 x 156 x 11. Weight in Grams: 410.
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 ... Read more
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 ... Read more
Product Details
Format
Hardback
Publication date
2004
Publisher
Springer-Verlag New York Inc. United States
Number of pages
162
Condition
New
Series
Advanced Studies in Theoretical and Applied Econometrics
Number of Pages
148
Place of Publication
New York, NY, United States
ISBN
9781402028380
SKU
V9781402028380
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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