Skip to main content

What is Econometrics?

  • Chapter
  • First Online:
Solutions Manual for Econometrics

Part of the book series: Springer Texts in Business and Economics ((STBE))

Abstract

This chapter emphasizes that an econometrician has to be a competent mathematician and statistician who is an economist by training. It is the unification of statistics, economic theory and mathematics that constitutes econometrics. Each view point, by itself is necessary but not sufficient for a real understanding of quantitative relations in modern economic life, see Frisch (1933).

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 79.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  • Baltagi, B.H. (2007), “Worldwide Econometrics Rankings: 1989–2005,” Econometric Theory, 23: 952–1012.

    Article  Google Scholar 

  • Frisch, R. (1933), “Editorial,” Econometrica, 1: 1–14.

    Article  Google Scholar 

  • Geweke, J., J. Horowitz, and M. H. Pesaran (2008), “Econometrics,” The New Palgrave Dictionary of Economics. Second Edition. Eds. Steven N. Durlauf and Lawrence E. Blume. Palgrave Macmillan.

    Google Scholar 

  • Griliches, Z. (1986), “Economic Data Issues,” in Z. Griliches and M.D. Intriligator (eds), Handbook of Econometrics Vol. III (North Holland: Amsterdam).

    Google Scholar 

  • Heckman, J.J. (2001), “Econometrics and Empirical Economics,” Journal of Econometrics, 100: 3–5.

    Article  Google Scholar 

  • Hendry, D.F. (1980), “Econometrics - Alchemy or Science?” Economica, 47: 387–406.

    Article  Google Scholar 

  • Klein, L.R. (1971), “Whither Econometrics?” Journal of the American Statistical Association, 66: 415–421.

    Article  Google Scholar 

  • Pesaran, M.H. (1990), “Econometrics,” in J. Eatwell, M. Milgate and P. Newman; The New Palgrave: Econometrics (W.W. Norton and Company: New York).

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Rights and permissions

Reprints and permissions

Copyright information

© 2015 Springer-Verlag Berlin Heidelberg

About this chapter

Cite this chapter

Baltagi, B.H. (2015). What is Econometrics?. In: Solutions Manual for Econometrics. Springer Texts in Business and Economics. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-54548-1_1

Download citation

  • DOI: https://doi.org/10.1007/978-3-642-54548-1_1

  • Published:

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-54547-4

  • Online ISBN: 978-3-642-54548-1

  • eBook Packages: Business and EconomicsEconomics and Finance (R0)

Publish with us

Policies and ethics