(840) The Demand-Income Function / A Study In Aggregation دالة الطلب والدخل - دراسة في اجمالى التجميع
Econometric analysis focuses on the empirical investigation of quantitative relationships between economic variables as envisioned by economic theory. The analysis is related to the concept of a model, which defines a certain structure. A model refers to a hypothetical set of relationships that conn...
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| Format: | Bog |
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معهد التخطيط القومى
2023
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| Online adgang: | http://repository.inp.edu.eg//handle/123456789/5292 |
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| Summary: | Econometric analysis focuses on the empirical investigation of quantitative relationships between economic variables as envisioned by economic theory. The analysis is related to the concept of a model, which defines a certain structure. A model refers to a hypothetical set of relationships that connect economic variables in a well-defined manner to explain a specific economic phenomenon. Three conditions must be met for a theoretical model to be considered workable from an econometric perspective: explicit formulation of relationships, defining their form, and specifying the parameters to include. Additionally, variables must be defined in a manner that allows for actual statistical observation. The structure includes parameters related to economic relationships as well as parameters of the distributions of stochastic elements, leading to a complete econometric structure. |
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