Theory testing (hypothesis testing) in agricultural economics
AbstractAccording to Karl Popper, economics and agricultural economics should be deemed scientific if the theories (hypotheses) are subject to strict tests. The testing of agro-economic theories goes back 50 years in the USA, Canada, Europe, and Japan, and these methods are becoming increasingly part of educational research methodology. In fact, the author of this paper teaches this very subject at Debrecen University, and for this reason has endeavoured to provide an overview on current trends in this field. The present overview first discusses the role of testing in the research process (cognition), and then analyses the various classification methods (types) of testing. It deals in detail with the application of the (microeconomic) production-theory in agriculture and discusses the potential and limits for measuring scientific progress in this field. Finally it draws conclusions regarding future trends.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Research Institute for Agricultural Economics in its journal Studies in Agricultural Economics.
Volume (Year): (2008)
Issue (Month): 107 (March)
theory testing; hypotheses testing; economics; agricultural economics; production-theory; Research Methods/ Statistical Methods;
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Mundlak, Yair, 2001. "Production and supply," Handbook of Agricultural Economics, in: B. L. Gardner & G. C. Rausser (ed.), Handbook of Agricultural Economics, edition 1, volume 1, chapter 1, pages 3-85 Elsevier.
- Davis, George C., 2004. "The Structure of Models: Understanding Theory Reduction and Testing with a Production Example," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 29(01), April.
- Leontief, Wassily, 1971. "Theoretical Assumptions and Nonobserved Facts," American Economic Review, American Economic Association, vol. 61(1), pages 1-7, March.
- Nerlove, Marc & Bessler, David A., 2001. "Expectations, information and dynamics," Handbook of Agricultural Economics, in: B. L. Gardner & G. C. Rausser (ed.), Handbook of Agricultural Economics, edition 1, volume 1, chapter 3, pages 155-206 Elsevier.
- Keuzenkamp, Hugo A. & Magnus, Jan R., 1995. "On tests and significance in econometrics," Journal of Econometrics, Elsevier, vol. 67(1), pages 5-24, May.
- Deirdre N. McCloskey & Stephen T. Ziliak, 1996. "The Standard Error of Regressions," Journal of Economic Literature, American Economic Association, vol. 34(1), pages 97-114, March.
- Michael Caputo & Quirino Paris, 2005.
"An Atemporal Microeconomic Theory and an Empirical Test of Price-Induced Technical Progress,"
Journal of Productivity Analysis,
Springer, vol. 24(3), pages 259-281, November.
- Caputo, Michael R. & Paris, Quirino, 2004. "An Atemporal Microeconomic Theory And An Empirical Test Of Price-Induced Technical Progress," Working Papers 11992, University of California, Davis, Department of Agricultural and Resource Economics.
- Kevin Hoover & Mark Siegler, 2008.
"Sound and fury: McCloskey and significance testing in economics,"
Journal of Economic Methodology,
Taylor & Francis Journals, vol. 15(1), pages 1-37.
- Kevin D. Hoover & Mark V. Siegler, 2005. "Sound and Fury: McCloskey and Significance Testing in Economics," Econometrics 0511018, EconWPA.
- Ziliak, Stephen T. & McCloskey, Deirdre N., 2004. "Size matters: the standard error of regressions in the American Economic Review," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 33(5), pages 527-546, November.
- Paruolo Paolo, 2004.
"Automated Inference and the Future of Econometrics: A comment,"
Economics and Quantitative Methods
qf04025, Department of Economics, University of Insubria.
- Paruolo, Paolo, 2005. "Automated Inference And The Future Of Econometrics: A Comment," Econometric Theory, Cambridge University Press, vol. 21(01), pages 78-84, February.
- Spanos, Aris, 1995. "On theory testing in econometrics : Modeling with nonexperimental data," Journal of Econometrics, Elsevier, vol. 67(1), pages 189-226, May.
- Morten Søberg, 2002. "The Duhem-Quine thesis and experimental economics. A reinterpretation," Discussion Papers 329, Research Department of Statistics Norway.
- Stephen T. Ziliak & Deirdre N. McCloskey, 2004. "Size Matters: The Standard Error of Regressions in the American Economic Review," Econ Journal Watch, Econ Journal Watch, vol. 1(2), pages 331-358, August.
- Keuzenkamp, H.A. & Magnus, J.R., 1995. "On tests and significance in econometrics," Open Access publications from Tilburg University urn:nbn:nl:ui:12-153236, Tilburg University.
- McCloskey, Donald N, 1983. "The Rhetoric of Economics," Journal of Economic Literature, American Economic Association, vol. 21(2), pages 481-517, June.
- Reziti, Ioanna & Ozanne, Adam, 1999. "Testing Regularity Properties in Static and Dynamic Duality Models: The Case of Greek Agriculture," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 26(4), pages 461-77, December.
- Kim, Jinbang & De Marchi, Neil & Morgan, Mary S., 1995. "Empirical model particularities and belief in the natural rate hypothesis," Journal of Econometrics, Elsevier, vol. 67(1), pages 81-102, May.
- Stan du Plessis, 2006. "The miracle of the Septuagint and the promise of data mining in economics," Working Papers 15/2006, Stellenbosch University, Department of Economics.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.