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Two Aspects of the Methodology of Modeling Deterministic Processes and Evaluation

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Advances in Econometrics, Income Distribution and Scientific Methodology
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Abstract

A continuing interest of Camilo Dagum has been with the methodology of economics and of econometric modeling as seen in Dagum (1968), (1985) and (1989). Since the appearance of that work two areas of possible importance that have been developed concern the re-emergence of deterministic processes and relationships and the new, growing emphasis on the evaluation of theories and models. In this essay I will discuss these topics and their inter-action. It builds on the work by Camilo but I will not attempt to discuss it, as mainly I would be taken too far from my theme, although into interesting and important topics concerning methodology.

Witten under NSF Grant SBR-9708615

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© 1999 Physica-Verlag Heidelberg

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Granger, C.W.J. (1999). Two Aspects of the Methodology of Modeling Deterministic Processes and Evaluation. In: Slottje, D.J. (eds) Advances in Econometrics, Income Distribution and Scientific Methodology. Physica-Verlag HD. https://doi.org/10.1007/978-3-642-93641-8_2

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  • DOI: https://doi.org/10.1007/978-3-642-93641-8_2

  • Publisher Name: Physica-Verlag HD

  • Print ISBN: 978-3-642-93643-2

  • Online ISBN: 978-3-642-93641-8

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