Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

Econometrics: an appraisal

Econometrics: an appraisal Econometrics labours under the same limitations as economics: it rests on unrealistic hypotheses (and non-operational concepts) and is isolated from other sciences. It should try to test economic hypotheses and estimate relationships that constitute theory, notwithstanding the poor available data. Many econometrists are no longer interested in measurement, but in art for art's sake: econometrics becomes abstract mathematisation. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Economic Studies Emerald Publishing

Econometrics: an appraisal

Marcel A.G. van Meerhaeghe
Journal of Economic Studies , Volume 27 (4/5): 10 – Aug 1, 2000
Download PDF
10 pages

Loading next page...
 
/lp/emerald-publishing/econometrics-an-appraisal-YNU8BWEalb
Publisher
Emerald Publishing
Copyright
Copyright © 2000 MCB UP Ltd. All rights reserved.
ISSN
0144-3585
DOI
10.1108/01443580010341772
Publisher site
See Article on Publisher Site

Abstract

Econometrics labours under the same limitations as economics: it rests on unrealistic hypotheses (and non-operational concepts) and is isolated from other sciences. It should try to test economic hypotheses and estimate relationships that constitute theory, notwithstanding the poor available data. Many econometrists are no longer interested in measurement, but in art for art's sake: econometrics becomes abstract mathematisation.

Journal

Journal of Economic Studies – Emerald Publishing

Published: Aug 1, 2000

Keywords: Economic theory; Economics; Methodology

There are no references for this article.