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A misconception of the semantic conception of econometrics?

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  • Hsiang-Ke Chao

Abstract

Davis argues that Suppe's semantic conception provides a better understanding of the problem of theory-data confrontations. Applying his semantic methodology to the LSE (London School of Economics) approach of econometrics, he concludes that the LSE approach fails to address the issue of bridging the theory-data gap. This paper suggests two other versions of the semantic view of theories in the philosophy of science, due to Suppes and van Fraassen, and argues that the LSE approach can be construed under these two versions of the semantic view in terms of structure and representation.

Suggested Citation

  • Hsiang-Ke Chao, 2005. "A misconception of the semantic conception of econometrics?," Journal of Economic Methodology, Taylor & Francis Journals, vol. 12(1), pages 125-135.
    • Handle: RePEc:taf:jecmet:v:12:y:2005:i:1:p:125-135
    DOI: 10.1080/1350178042000330931
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    References listed on IDEAS

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    1. Kevin Hoover & Stephen Perez, 2001. "Three attitudes towards data mining," Journal of Economic Methodology, Taylor & Francis Journals, vol. 7(2), pages 195-210.
    2. Davidson, James E H, et al, 1978. "Econometric Modelling of the Aggregate Time-Series Relationship between Consumers' Expenditure and Income in the United Kingdom," Economic Journal, Royal Economic Society, vol. 88(352), pages 661-692, December.
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    Cited by:

    1. George Davis, 2005. "A rejoinder to Cook and response to Chao: Moving the Textbook/LSE debate forward," Journal of Economic Methodology, Taylor & Francis Journals, vol. 12(1), pages 137-147.

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