Rich..for now citing Vogt, W. P. (1999) Dictionary of Statistics and
Methodology....very similar to what you state below, econometrics is defined
as "(a) the application of statistical methods to economic data, usually to
forecast economic trends and decide among policies. (b) the branch of
economics applying statistical models, often models based on multiple
regression, to economic problem" (p. 93)..........so interestingly, at least
based on the definition, and as opposed to psychometrics, there doesn't seem
to be much emphasis on measurement................dale glaser
-----Original Message-----
From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]]
On Behalf Of Rich Ulrich
Sent: Friday, September 15, 2000 11:52 AM
To: [EMAIL PROTECTED]
Subject: Re: What are the differences between Statistics and Econometric?
On Tue, 12 Sep 2000 22:47:46 -0000, "Jennifer Howser"
<[EMAIL PROTECTED]> wrote:
> What are the differences between Statistics and Econometric?
>
>
> Thanks
"Statistics" could be the general term than includes a number of
narrower specialties. The specialties are apt to publish in different
journals, and often use different vocabularies for describing common
tests -- the basic sorts of data that they refer back to are apt to
differ.
One broad area is biostatistics. I don't know if "biometrics" is a
proper subset, or if it overlaps. The tag "-metrics" has been added
to quite a few terms, as in cliometrics (study of history with an
emphasis on validating by quantification, such as, the logistics of
feeding a city or hosting an army -- if it wasn't logically possible,
then it probably did not happen with that many people).
Most of Economics is concerned with numerical relations; I am not sure
how "econometrics" fits as its sub-set.
Economics has enormously long time-series (daily, if you want), of
related variables. By its name, "econometrics" should be especially
concerned with issues of "measurement." I guess that means that you
leave out the political side of economics, unless you can measure it.
I would be interested in seeing other descriptions or definitions.
Does an encyclopedia of statistics include definitions?
--
Rich Ulrich, [EMAIL PROTECTED]
http://www.pitt.edu/~wpilib/index.html
=================================================================
Instructions for joining and leaving this list and remarks about
the problem of INAPPROPRIATE MESSAGES are available at
http://jse.stat.ncsu.edu/
=================================================================
=================================================================
Instructions for joining and leaving this list and remarks about
the problem of INAPPROPRIATE MESSAGES are available at
http://jse.stat.ncsu.edu/
=================================================================
