Measurement In Economics

Author : Marcel Boumans
Publisher : Elsevier
ISBN 13 : 0123704898
Total Pages : 460 pages
Book Rating : 4.94/5 ( download)

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Download or read book Measurement in Economics written by Marcel Boumans and published by Elsevier. This book was released on 2007-08-17 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Measurement in Economics: A Handbook" aims to serve as a source, reference, and teaching supplement for quantitative empirical economics, inside and outside the laboratory. Covering an extensive range of fields in economics: econometrics, actuarial science, experimental economics, index theory, national accounts, and economic forecasting, it is the first book that takes measurement in economics as its central focus. It shows how different and sometimes distinct fields share the same kind of measurement problems and so how the treatment of these problems in one field can function as a guidance in other fields. This volume provides comprehensive and up-to-date surveys of recent developments in economic measurement, written at a level intended for professional use by economists, econometricians, statisticians and social scientists. It employs an integrative approach of measurement in economics. It contains multi-disciplinary chapters and up-to-date survey of measurement literature in economics and econometrics.

Author : Richard Stone
Publisher : Cambridge University Press
ISBN 13 : 1107673860
Total Pages : 95 pages
Book Rating : 4.61/5 ( download)

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Download or read book The Role of Measurement in Economics written by Richard Stone and published by Cambridge University Press. This book was released on 2013-10-10 with total page 95 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1951, this book examines the role of measurement in obtaining and applying economic knowledge. Esteemed economist Richard Stone divides his topic into four sections: questions of fact and empirical constructs; the truth or falsity of a hypothesis; the estimation of parameters; and questions of prediction.

Author : Albert N. Link
Publisher : Routledge
ISBN 13 : 1000442233
Total Pages : 60 pages
Book Rating : 4.36/5 ( download)

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Download or read book The Economics and Science of Measurement written by Albert N. Link and published by Routledge. This book was released on 2021-07-08 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : Ingrid H. Rima
Publisher : Routledge
ISBN 13 : 1134879245
Total Pages : 480 pages
Book Rating : 4.43/5 ( download)

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Download or read book Measurement, Quantification and Economic Analysis written by Ingrid H. Rima and published by Routledge. This book was released on 2002-09-11 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most economists assume that the mathematical and quantative sides of their science are relatively recent developments. Measurement, Quantification and Economic Analysis shows that this is a misconception. Its authors argue that economists have long relied on measurement and quantification as essential tools. However, problems have arisen in adapting these tools from other fields. Ultimately, the authors are sceptical about the role which measurement and quantification tools now play in contemporary economic theory.

Author : Joachim Weimann
Publisher : MIT Press
ISBN 13 : 0262028441
Total Pages : 223 pages
Book Rating : 4.48/5 ( download)

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Download or read book Measuring Happiness written by Joachim Weimann and published by MIT Press. This book was released on 2015-02-06 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: Can money buy happiness? Is income a reliable measure for life satisfaction? In this book, three economists explore the happiness-prosperity connection, investigating how economists measure life satisfaction and well-being. --

Author : George W. McKenzie
Publisher : Cambridge University Press
ISBN 13 : 0521248620
Total Pages : 201 pages
Book Rating : 4.24/5 ( download)

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Download or read book Measuring Economic Welfare written by George W. McKenzie and published by Cambridge University Press. This book was released on 1983-03-10 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: Professor McKenzie proposes and formulates a method composed of operational procedures designed to facilitate the evaluation of economic projects and policies. This method is discussed fully, illustrated by simple examples, and compared with alternative procedures. An outline of a computer program that enables readers to undertake their own calculations is included. In order to present the approach clearly, the author provides an exposition of the fundamental ideas and the main alternative approaches to the problem. These rely on various forms of index numbers and consumer surplus. However, as is well known, such measures are not capable of correctly ordering the various alternatives under consideration, except under highly unrealist assumptions. In this book the author suggests the abandonment of this traditional approach based on the concept of 'willingness-to-pay' or the conpensating variation. Instead, the measure that Samuelson has called the 'money-metric' should become the cornerstone of applied welfare economics.

Author : Martin Ravallion
Publisher : Oxford University Press
ISBN 13 : 0190212772
Total Pages : 737 pages
Book Rating : 4.73/5 ( download)

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Download or read book The Economics of Poverty written by Martin Ravallion and published by Oxford University Press. This book was released on 2016 with total page 737 pages. Available in PDF, EPUB and Kindle. Book excerpt: "An overview of the economic development of and policies intended to combat poverty around the world"--

Author : Catherine J. Morrison
Publisher : Springer Science & Business Media
ISBN 13 : 146139760X
Total Pages : 300 pages
Book Rating : 4.01/5 ( download)

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Download or read book A Microeconomic Approach to the Measurement of Economic Performance written by Catherine J. Morrison and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text is designed to provide a comprehensive guide to students, researchers, or consultants who wish to carry out and to interpret analyses of economic performance, with an emphasis on productivity growth. The text includes an overview of standard productivity growth measurement techniques and adaptations, and data construc tion procedures. It goes further, however, by expanding the tradition al growth accounting (index number) framework to allow consider ation of how different aspects of firm behavior underlying productivity growth are interrelated, how they can be measured con sistently in a parametric model, and how they permit a well-defined decomposition of standard productivity growth measures. These ideas are developed by considering in detail a number of underlying theoretical results and econometric issues. The impacts of various production characteristics on productivity growth trends are also evaluated by overviewing selected methodological extensions and em pirical evidence. More specifically, in the methodological extensions, emphasis is placed on incorporation of cost and demand characteristics, such as fixity and adjustment costs, returns to scale, and the existence of market power, into analyses of productivity growth. These character istics, generally disregarded in such analyses, can have very important impacts on production structure and firm behavior, and thus on economic performance. They also provide the conceptual basis for vii viii PREFACE measures that are often used independently as indicators of economic performance, such as investment, capacity utilization, and profit measures.

Author : Deirdre N. McCloskey
Publisher : Edward Elgar Publishing
ISBN 13 : 9781852788186
Total Pages : 0 pages
Book Rating : 4.86/5 ( download)

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Download or read book Measurement and Meaning in Economics written by Deirdre N. McCloskey and published by Edward Elgar Publishing. This book was released on 2001 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Author : Joseph E. Stiglitz
Publisher : The New Press
ISBN 13 : 162097570X
Total Pages : 257 pages
Book Rating : 4.01/5 ( download)

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Download or read book Measuring What Counts written by Joseph E. Stiglitz and published by The New Press. This book was released on 2019-11-19 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: A bold agenda for a better way to assess societal well-being, by three of the world's leading economists and statisticians "If we want to put people first, we have to know what matters to them, what improves their well-being, and how we can supply more of whatever that is." —Joseph E. Stiglitz In 2009, a group of economists led by Nobel laureate Joseph E. Stiglitz, French economist Jean-Paul Fitoussi, and Nobel laureate Amartya Sen issued a report challenging gross domestic product (GDP) as a measure of progress and well-being. Published as Mismeasuring Our Lives by The New Press, the book sparked a global conversation about GDP and a major movement among scholars, policy makers, and activists to change the way we measure our economies. Now, in Measuring What Counts, Stiglitz, Fitoussi, and Martine Durand—summarizing the deliberations of a panel of experts on the measurement of economic performance and social progress hosted at the OECD, the international organization incorporating the most economically advanced countries—propose a new, "beyond GDP" agenda. This book provides an accessible overview of the last decade's global movement, sparked by the original critique of GDP, and proposes a new "dashboard" of metrics to assess a society's health, including measures of inequality and economic vulnerability, whether growth is environmentally sustainable, and how people feel about their lives. Essential reading for our time, it also serves as a guide for policy makers and others on how to use these new tools to fundamentally change the way we measure our lives—and to plot a radically new path forward.