Measurement and Meaning in Economics

Measurement and Meaning in Economics PDF Author: Deirdre N. McCloskey
Publisher: Edward Elgar Publishing
ISBN: 9781852788186
Category : Econometrics
Languages : en
Pages : 0

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Book Description
A collection of writings on economic history and the rhetoric of economics. McCloskey (human sciences, U. of Illinois, Chicago) argues that economics has become ahistorical and narrowly scientific--a harmful development for a moral science; she has declared that economics would improve if economists would read more novels. The papers here, spanning the 1970s, '80s and '90s, work toward exploring and repairing the dysfunctional relationship between economics and the humanities. c. Book News Inc.

The Measurement of Economic Relationships

The Measurement of Economic Relationships PDF Author: Peter Tryfos
Publisher: Springer Science & Business Media
ISBN: 1402028393
Category : Business & Economics
Languages : en
Pages : 160

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Book Description
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.

Economic and Financial Evaluation

Economic and Financial Evaluation PDF Author: Michael Mulreany
Publisher:
ISBN: 9781902448213
Category : Capital investments
Languages : en
Pages : 372

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Book Description


Economic Development

Economic Development PDF Author: E. Wayne Nafziger
Publisher: Cambridge University Press
ISBN: 052176548X
Category : Business & Economics
Languages : en
Pages : 863

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Book Description
E. Wayne Nafziger analyzes the economic development of Asia, Africa, Latin America, and East-Central Europe. The book is suitable for those with a background in economics principles. Nafziger explains the reasons for the recent fast growth of India, Poland, Brazil, China, and other Pacific Rim countries, and the slow, yet essential, growth for a turnaround of sub-Saharan Africa. The fifth edition of the text, written by a scholar of developing countries, is replete with real-world examples and up-to-date information. Nafziger discusses poverty, income inequality, hunger, unemployment, the environment and carbon-dioxide emissions, and the widening gap between rich (including middle-income) and poor countries. Other new components include the rise and fall of models based on Russia, Japan, China/Taiwan/Korea, and North America; randomized experiments to assess aid; an exploration of whether information technology and mobile phones can provide poor countries with a shortcut to prosperity; and a discussion of how worldwide financial crises, debt, and trade and capital markets affect developing countries.

The Wellbeing of Nations

The Wellbeing of Nations PDF Author: Paul Allin
Publisher: John Wiley & Sons
ISBN: 1118916204
Category : Business & Economics
Languages : en
Pages : 234

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Book Description
What is national wellbeing and what is progress? Why measure these definitions? Why are measures beyond economic performance needed and how will they be used? How do we measure national wellbeing & turn the definitions into observable quantities? Where are we now and where to next? These questions are asked and answered in this much needed, timely book. The Wellbeing of Nations provides an accessible and comprehensive overview of the measurement of national well-being, examining whether national wellbeing is more than the sum of the wellbeing of everyone in the country, and identifying and reviewing requirements for new measures. It begins with definitions, describes how to operationalize those definitions, and takes a critical look at the uses to which such measures are to be put. The authors examine initiatives from around the world, using the UK ‘measuring national wellbeing programme’ as a case study throughout the book, along with case studies drawn from other countries, as well as discussion of the position in some countries not yet drawn into the national wellbeing scene.

The Measurement of Utility

The Measurement of Utility PDF Author: Tapas Majumdar
Publisher:
ISBN:
Category : Welfare economics
Languages : en
Pages : 168

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Book Description


How to Measure Anything

How to Measure Anything PDF Author: Douglas W. Hubbard
Publisher: Wiley
ISBN: 0470625678
Category : Business & Economics
Languages : en
Pages : 320

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Book Description
Now updated with new research and even more intuitive explanations, a demystifying explanation of how managers can inform themselves to make less risky, more profitable business decisions This insightful and eloquent book will show you how to measure those things in your own business that, until now, you may have considered "immeasurable," including customer satisfaction, organizational flexibility, technology risk, and technology ROI. Adds even more intuitive explanations of powerful measurement methods and shows how they can be applied to areas such as risk management and customer satisfaction Continues to boldly assert that any perception of "immeasurability" is based on certain popular misconceptions about measurement and measurement methods Shows the common reasoning for calling something immeasurable, and sets out to correct those ideas Offers practical methods for measuring a variety of "intangibles" Adds recent research, especially in regards to methods that seem like measurement, but are in fact a kind of "placebo effect" for management – and explains how to tell effective methods from management mythology Written by recognized expert Douglas Hubbard-creator of Applied Information Economics-How to Measure Anything, Second Edition illustrates how the author has used his approach across various industries and how any problem, no matter how difficult, ill defined, or uncertain can lend itself to measurement using proven methods.

Readings in the Concept and Measurement of Income

Readings in the Concept and Measurement of Income PDF Author:
Publisher: CUP Archive
ISBN:
Category :
Languages : en
Pages : 440

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Book Description


The Economics and Science of Measurement

The Economics and Science of Measurement PDF Author: Albert N. Link
Publisher: Routledge
ISBN: 1000442233
Category : Business & Economics
Languages : en
Pages : 60

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Book Description
Metrology is the study of measurement science. Although classical economists have emphasized the importance of measurement per se, the majority of economics-based writings on the topic have taken the form of government reports related to the activities of specific national metrology laboratories. This book is the first systematic study of measurement activity at a national metrology laboratory, and the laboratory studied is the U.S. National Institute of Standards and Technology (NIST) within the U.S. Department of Commerce. The primary objective of the book is to emphasize for academic and policy audiences the economic importance of measurement not only as an area of study but also as a tool for sustaining technological advancement as an element of economic growth. Toward this goal, the book offers an overview of the economic benefits and consequences of measurement standards; an argument for public sector support of measurement standards; a historical perspective of the measurement activities at NIST; an empirical analysis of one particular measurement activity at NIST, namely calibration testing; and a roadmap for future research on the economics of metrology.

Measuring the Digital Economy

Measuring the Digital Economy PDF Author: International Monetary Fund. Statistics Dept.
Publisher: International Monetary Fund
ISBN: 1498307361
Category : Business & Economics
Languages : en
Pages : 49

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Book Description
"Digitalization encompasses a wide range of new applications of information technology in business models and products that are transforming the economy and social interactions. Digitalization is both an enabler and a disruptor of businesses. The lack of a generally agreed definition of the “digital economy” or “digital sector” and the lack of industry and product classification for Internet platforms and associated services are hurdles to measuring the digital economy. This paper distinguishes between the “digital sector” and the increasingly digitalized modern economy, often called the “digital economy,” and focuses on the measurement of the digital sector. The digital sector covers the core activities of digitalization, ICT goods and services, online platforms, and platform-enabled activities such as the sharing economy."