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Economic statistics

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Topic in applied statistics

Economic statistics is a topic inapplied statistics andapplied economics that concerns thecollection, processing, compilation, dissemination, andanalysis ofeconomic data. It is closely related tobusiness statistics andeconometrics.[1] It is also common to call the data themselves "economic statistics", but for this usage, "economic data" is the more common term.

Overview

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The data of concern to economic statistics may include those of aneconomy within a region, country, or group of countries. Economic statistics may also refer to a subtopic ofofficial statistics for data produced by official organizations (e.g.national statistical services, intergovernmental organizations such asUnited Nations,European Union orOECD,central banks, and ministries).

Analyses within economic statistics both make use of and provide the empirical data needed in economic research, whether descriptive oreconometric. They are a key input for decision making as toeconomic policy. The subject includes statistical analysis of topics and problems inmicroeconomics,macroeconomics,business,finance,forecasting,data quality, andpolicy evaluation.[2] It also includes such considerations as what data to collect in order to quantify some particular aspect of an economy and of how best to collect in any given instance.[3]

See also

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References

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Citations

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  1. ^Becker, William E; Greene, William H (2001-11-01)."Teaching Statistics and Econometrics to Undergraduates".Journal of Economic Perspectives.15 (4). American Economic Association:169–182.doi:10.1257/jep.15.4.169.ISSN 0895-3309.
  2. ^• Charles J. Bullock, 1919."Prefatory Statement,"Review of Economic Statistics, 1(1), [unnumbered page].
       •Arnold Zellner, 1983. "Editorial Statement,"Journal of Business and Economic Statistics, 1(1), pp. 1-4.
       •Eric Ghysels and Alastair Hall, 2002. "Editors' Introduction to Twentieth Anniversary Commemorative Issue,"Journal of Business and Economic Statistics, 20(1), pp.1-4.
  3. ^Giovannini, Enrico (2008).Understanding economic statistics : an OECD perspective. Organisation for Economic Co-operation and Development. Paris: OECD.ISBN 978-92-64-04698-6.OCLC 263693127.

Sources

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  • Allen, R. G. D., 1956. "Official Economic Statistics,"Economica, N.S., 23(92), pp.360-365.
  • Crum, W. L., 1925.An Introduction to the Methods of Economic Statistics, AW Shaw Co.
  • Giovanini, Enrico, 2008.Understanding Economic Statistics. OECD Publishing.ISBN 978-92-64-03312-2
  • Fox, Karl A., 1968.Intermediate Economic Statistics, Wiley.Description.Archived 2012-03-20 at theWayback Machine
  • Kane, Edward J., 1968.Economic Statistics and Econometrics, Harper and Row.
  • Morgenstern, Oskar, [1950] 1963.On the Accuracy of Economic Observations. 2nd rev. ed. ("The Accuracy of Economic Observation"ch. 16). Princeton University Press.
  • Mirer, Thad W., 1995.Economic Statistics and Econometrics, 3rd ed. Prentice Hall.Description.
  • Persons, Warren M., 1910. "The Correlation of Economic Statistics,"Publications of the American Statistical Association, 12(92), pp.287-322.
  • Wonnacott, Thomas H., andRonald J. Wonnacott, 1990.Introductory Statistics for Business and Economics, 4th ed., Wiley.
  • Ullah, Aman, and David E. A. Giles, ed., 1998.Handbook of Applied Economic Statistics, Marcel Dekker.Description,preview, andback cover.
  • Zellner, Arnold, ed. 1968.Readings in Economic Statistics and Econometrics, Little, Brown & Co.

Journals

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External links

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