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Author : Oskar Morgenstern (Economist, Germany, United States)
Publisher : Unknown
Page : 128 pages
File Size : 43,5 Mb
Release : 1965
Category : Electronic
ISBN : OCLC:746135453
Author : Zoltan Kenessey
Publisher : Unknown
Page : 272 pages
File Size : 50,6 Mb
Release : 1997
Category : Business & Economics
ISBN : OSU:32435056992415
Author : Peter A.G. van Bergeijk
Publisher : Edward Elgar Publishing
Page : 229 pages
File Size : 50,5 Mb
Release : 2024-06-05
Category : Business & Economics
ISBN : 9781802207859
This informative book reveals the pervasive nature of large inaccuracies in economic statistics. Drawing on numerous real-world examples including case studies from advanced and developing countries, Peter van Bergeijk presents profound insights into how downplaying these errors undermines the scientific rigour of economic analysis and outlines how to manage uncertainty in economic analysis moving forward.
Author : Oskar Mergenstern
Publisher : Unknown
Page : 350 pages
File Size : 44,7 Mb
Release : 1963
Category : Electronic
ISBN : 8210379456XXX
Author : Andrew M. Kamarck
Publisher : University of Pennsylvania Press
Page : 176 pages
File Size : 55,5 Mb
Release : 2016-11-11
Category : Business & Economics
ISBN : 9781512809466
Drawing on a lifetime of distinguished work in economic research and policymaking, Andrew Kamarck details how his profession can more usefully analyze and solve economic problems by changing its basic approach to research. Kamarck contends that most economists today strive for a mathematical precision in their work that neither stems from nor leads to an accurate view of economic reality. He develops elegant critiques of key areas of economic analysis based on appreciation of scientific method and knowledge of the limitations of economic data. Concepts such as employment, market, and money supply must be seen as loose, not exact. Measurement of national income becomes highly problematic when taking into account such factors as the so-called underground economy and currency differences. World trade analysis is based on inconsistent and often inaccurate measurements. Subtle realities of the individual, social, and political worlds render largely ineffective both large-scale macroeconomics models and micro models of the consumer and the firm. Fashionable cost-benefit analysis must be recognized as inherently imprecise. Capital and investment in developing countries tend to be measured in easy but irrelevant ways. Kamarck concludes with a call for economists to involve themselves in data collection, to insist on more accurate and reliable data sources, to do analysis within the context of experience, and to take a realistic, incremental approach to policymaking. Kamarck's concerns are shared by many economists, and his eloquent presentation will be essential reading for his colleagues and for those who make use of economic research.
Author : Marcel Boumans
Publisher : Oxford University Press
Page : 208 pages
File Size : 42,7 Mb
Release : 2015-05-01
Category : Business & Economics
ISBN : 9780199388301
The conduct of most of social science occurs outside the laboratory. Such studies in field science explore phenomena that cannot for practical, technical, or ethical reasons be explored under controlled conditions. These phenomena cannot be fully isolated from their environment or investigated by manipulation or intervention. Yet measurement, including rigorous or clinical measurement, does provide analysts with a sound basis for discerning what occurs under field conditions, and why. In Science Outside the Laboratory, Marcel Boumans explores the state of measurement theory, its reliability, and the role expert judgment plays in field investigations from the perspective of the philosophy of science. Its discussion of the problems of passive observation, the calculus of observation, the two-model problem, and model-based consensus uses illustrations drawn primarily from economics. Rich in research and discussion, the volume clarifies the extent to which measurement provides valid information about objects and events in field sciences, but also has implications for measurement in the laboratory. Scholars in the fields of philosophy of science, social science, and economics will find Science Outside the Laboratory a compelling and informative read.
Author : Anonim
Publisher : Unknown
Page : 796 pages
File Size : 42,6 Mb
Release : 1970
Category : Water
ISBN : WISC:89062714217
Author : Alexander J. Field,Gregory Clark,William A. Sundstrom
Publisher : Emerald Group Publishing
Page : 320 pages
File Size : 49,8 Mb
Release : 2008-12-02
Category : Business & Economics
ISBN : 9781848553378
Contains six papers, evenly divided between European and North American topics. On the European side, this title provides regional estimates of social overhead investment in Italy. Turning west, it studies conflicts between ranchers and miners over who should bear the burden of taxation in nineteenth century California.
Author : United States. Congress. Joint Economic Committee. Subcommittee on Economic Progress
Publisher : Unknown
Page : 272 pages
File Size : 41,5 Mb
Release : 1967
Category : Economics
ISBN : MINN:31951D02091926Y
Author : Martin Shubik
Publisher : Princeton University Press
Page : 498 pages
File Size : 49,7 Mb
Release : 2015-12-08
Category : Business & Economics
ISBN : 9781400877386
Professor Morgenstern's deep interests in economic time series and problems of measurement are represented by path-breaking articles devoted to the application of modern statistical analysis to temporal economic data. Originally published in 1967. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Author : Jagdish N. Bhagwati
Publisher : Elsevier
Page : 220 pages
File Size : 49,8 Mb
Release : 2014-05-12
Category : Business & Economics
ISBN : 9781483274805
Studies in International Economics, Volume 1: Illegal Transactions in International Trade: Theory and Measurement embraces the theoretical, empirical, and econometric aspects of international economic analysis. The selection first elaborates on a theoretical analysis of smuggling, an alternative proof of the Bhagwati-Hansen results on smuggling and welfare, and smuggling and trade policy. Discussions focus on optimal tariff and revenue questions, legal trade eliminated by smuggling, legal trade co-existing with smuggling, overinvoicing and underinvoicing of transactions, and smuggling and welfare. The text then examines overinvoicing, underutilization, and distorted industrial growth, fiscal policies, faking of foreign trade declarations, and the balance of payments, and accuracy of economic observations. Topics include statistics of foreign commodity trade, trade tariffs and subsidies, effect on capital complexity, industrial employment and output growth, implications for industrial development, effective exchange rate for capital imports, and foreign-exchange profits of overinvoicing. The manuscript ponders on tariffs and smuggling in Indonesia and the problems of assessing unrecorded trade, including complications in comparing partners' trade accounts, measuring recorded values of all products, market impact of smuggling, and methods for detecting smuggling. The selection is a valuable source of data for researchers interested in international trade.
Author : J. Alexander Yeats
Publisher : World Bank Publications
Page : 44 pages
File Size : 55,7 Mb
Release : 1999
Category : Bilateral Trade
ISBN : 8210379456XXX
Abstract: Because many developing countries fail to report trade statistics to the United Nations, there has been an interest in using partner-country data to fill these information gaps. The author used partner-country statistics for 30 developing countries to estimate actual (concealed) trade data and analyzed the magnitude of the resulting errors. The results indicate that partner-country data are unreliable even for estimating trade in broad aggregate product groups such as foodstuffs, fuels, or manufactures. Moreover, tests show that the reliability of partner-country statistics degenerates sharply as one moves to more finely distinguished trade categories (lower-level SITCs). Equally disturbing, about one-quarter of the partner-country comparisons take the wrong sign. That is, one country's reported free-on-board (f.o.b.) exports exceed the reported cost-insurance-freight (c.i.f.) value of partners' imports. Aside from product composition, tests show that partner-country data are equally inaccurate for estimating the direction of trade. Why are partner-country data so unreliable for approximating missing data? Evidence shows: 1) problems in reporting or processing COMTRADE data; 2) valuation differences (f.o.b. versus c.i.f.) for imports and exports; 3) problems relating to entrepot trade, or exports originating in export processing zones; 4) problems associated with exchange-rate changes; 5) intentional or unintentional misclassification of products; 6) efforts to conceal trade data for proprietary reasons; and 7) financial incentives to purposely falsify trade data. The author concludes that efforts to improve the general quality, or availability, of trade statistics using partner-country data holds little or no promise, although this information may be useful in specific cases where the trade statistics of a certain country are known to incorporate major errors. Significant progress in ugrading the accuracy, and coverage, of trade statistics can be achieved only by improving each country's procedures for data collection.
Author : Melvin Ayogu,Don Ross
Publisher : Routledge
Page : 290 pages
File Size : 46,9 Mb
Release : 2004-10-28
Category : Business & Economics
ISBN : 9781134329526
It is widely believed that economic development in much of the world is not happening quickly enough. Indeed, the standard of living in some parts of the world has actually been declining. Many experts now doubt that the solution can be purely technical and economic; it must also be political and moral. This book brings together contributions from leading authorities, such as Joseph Stiglitz, Jean-Jacques Laffont and Daniel Hausman, on economics and political philosophy to survey current barriers to growth, including problems with policy and problems with concepts and thinking. Getting policies right, the contributors stress, is a complicated task in itself, but it also may not be enough; instead, people in both the developed and developing worlds may also need to reconsider basic and time-worn beliefs about facts, values, the measurement of data, rights, needs and the nature of government. Of interest to economics and policy makers, Development Dilemmas is a long-awaited addition to the debate over economics and political philosophy in the developing world.
Author : David A. Dieterle
Publisher : Bloomsbury Publishing USA
Page : 859 pages
File Size : 40,9 Mb
Release : 2013-08-08
Category : Biography & Autobiography
ISBN : 9798216077350
Who are the individuals whose novel ideas, writings, and philosophies have influenced economics throughout history—and in doing so, have helped change the world? This encyclopedia provides a readable study of economics by examining the great economists themselves. This book presents biographies of 200 economic thinkers throughout history, supplying a one-stop reference about the men and women whose ideas, writings, and philosophies created the foundation of our current understanding of economics. Depicting their subjects within the contexts of history, development economics, and econometrics, these biographies provide an insightful overview of the world of economics through the economists of significance and the many subdisciplines, topics, eras, and philosophies they represent. Economic Thinkers: A Biographical Encyclopedia begins by describing economic thinkers in ancient Greece and Rome, moves through history to cover economists in the 15th through 19th centuries, and addresses economic theory in the 20th century and the modern era. Written to be easily accessible and highly readable, the work will appeal to students, scholars, general readers, and anyone interested in learning about the historical and philosophical foundation of economics.
Author : Kristin Shrader-Frechette
Publisher : Springer Science & Business Media
Page : 321 pages
File Size : 45,6 Mb
Release : 2012-12-06
Category : Science
ISBN : 9789400964495
If indeed scientists and technologists, especially economists, set much of the agenda by which the future is played out, and I think they do, then the student of scientific methodology and public ethics has at least three options. He can embrace certain scientific methods and the value they hold for social decisionmaking, much as Milton Friedman has accepted neoclassical econom ics. Or, he can condemn them, regardless of their value, much as Stuart Hampshire has rejected risk-cost-benefit analysis (RCBA). Finally, he can critically assess these scientific methods and attempt to provide solutions to the problems he has uncovered. As a philosopher of science seeking the middle path between uncritical acceptance and extremist rejection of the economic methods used in policy analysis, I have tried to avoid the charge of being "anti science". Fred Hapgood, in response to my presentation at a recent Boston Colloquium for the Philosophy of Science, said that my arguments "felt like" a call for rejection of the methods of risk-cost-benefit analysis. Not so, as Chapter Two of this volume should make eminently clear. All my criticisms are construc tive ones, and the flaws in economic methodology which I address are uncovered for the purpose of suggesting means of making good techniques better. Likewise, although I criticize the economic methodology by which many technology assessments (TA's) and environmental-impact analyses (EIA's) have been used to justify public projects, it is wrong to conclude that I am anti-technology.