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The Practice of Econometric Theory [electronic resource] :An Examination of the Characteristics of Econometric Computation / by Charles G. Renfro.

by Renfro, Charles G [author.]; SpringerLink (Online service).
Material type: materialTypeLabelBookSeries: Advanced Studies in Theoretical and Applied Econometrics: 44Publisher: Berlin, Heidelberg : Springer Berlin Heidelberg : 2009.Description: XVI, 311 p. 28 illus. online resource.ISBN: 9783540755715.Subject(s): Economics | Science -- History | Social sciences -- Data processing | Mathematics | Mathematical statistics | Economics -- Statistics | Econometrics | Economics/Management Science | Econometrics | Statistics for Business/Economics/Mathematical Finance/Insurance | Game Theory, Economics, Social and Behav. Sciences | Statistical Theory and Methods | Computer Appl. in Social and Behavioral Sciences | History of ScienceDDC classification: 330.015195 Online resources: Click here to access online
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.
In: Springer eBooksSummary: 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.
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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.

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.

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