1994 | OriginalPaper | Chapter
Extension of Classical Methods I
Author : Phoebus J. Dhrymes
Published in: Topics in Advanced Econometrics
Publisher: Springer New York
Included in: Professional Book Archive
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Econometrics deals with the problems encountered in measuring or quantifying economic relationships. In contrast to the natural and biological sciences, the data used by economists in studying such relationships are not, typically, experimentally derived. Thus, economists deal primarily with nonexperimental data.