ISBN-10:
3540755705
ISBN-13:
9783540755708
Pub. Date:
07/13/2009
Publisher:
Springer Berlin Heidelberg
The Practice of Econometric Theory: An Examination of the Characteristics of Econometric Computation / Edition 1

The Practice of Econometric Theory: An Examination of the Characteristics of Econometric Computation / Edition 1

by Charles G. Renfro

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Overview

The Practice of Econometric Theory: An Examination of the Characteristics of Econometric Computation / Edition 1

Econometric theory, as presented in textbooks and the econometric literature generally, is a somewhat disparate collection of findings. Its essential nature is to be a set of demonstrated results that increase over time, each logically based on a specific set of axioms or assumptions, yet at every moment, rather than a finished work, these inevitably form an incomplete body of knowledge. The practice of econometric theory consists of selecting from, applying, and evaluating this literature, so as to test its applicability and range. The creation, development, and use of computer software has led applied economic research into a new age. This book describes the history of econometric computation from 1950 to the present day, based upon an interactive survey involving the collaboration of the many econometricians who have designed and developed this software. It identifies each of the econometric software packages that are made available to and used by economists and econometricians worldwide.

Product Details

ISBN-13: 9783540755708
Publisher: Springer Berlin Heidelberg
Publication date: 07/13/2009
Series: Advanced Studies in Theoretical and Applied Econometrics Series , #44
Edition description: 2009
Pages: 311
Product dimensions: 6.10(w) x 9.25(h) x 0.03(d)

Table of Contents

Econometric Computation.- Econometric Software.- Econometric Diagnostic Tests.- The Basic Statistics.- The Failure of Assumptions.- Cointegration and Alternative Specifications.- Several Historical Considerations.- The Implications of the Findings.

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