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Correlation and Causality [Corelaţie şi cauzalitate]

Author

Listed:
  • Dinga Emil

    (Academia Română)

Abstract

The paper has as goal to revisit the general concept of causality, with some specifications to the social (especially economic) field. The logical conditions of causality (individual causes as well multiple causes) are proposed and evaluated. Based on causality concept, the correlation notion is introduced and formalized, in order to classify as general as possible the real interactions among things.

Suggested Citation

  • Dinga Emil, 2014. "Correlation and Causality [Corelaţie şi cauzalitate]," Revista OEconomica, Romanian Society for Economic Science, Revista OEconomica, issue 01, March.
    • Handle: RePEc:oen:econom:y:2014:i:01:id:379
    as

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    More about this item

    Keywords

    multiple cause; multiple effect; causality; economic correlation; economic prediction; predictor;
    All these keywords.

    JEL classification:

    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • C00 - Mathematical and Quantitative Methods - - General - - - General
    • E17 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Forecasting and Simulation: Models and Applications

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