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Data Estimation and Interpretation: An Analysis

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  • Meyer, Thomas K.

Abstract

There is an ostensible relationship between whether or not a nation is developed and the interpretation and collection of data in this nation. For instance, if a country is developing, it is difficult to collect figures, though much simpler to interpret them. The opposite is the case in a developed nation: the gathering of data is undemanding, however, the explanation for this data is difficult. Such a relationship has a quite pressing effect on economic performance, and this will be examined using a model assuming Rational Expectations, Adaptive Expectations and certain postulates of Price Theory.

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File URL: http://mpra.ub.uni-muenchen.de/12118/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 12118.

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Date of creation: 12 Dec 2008
Date of revision: 2008
Handle: RePEc:pra:mprapa:12118

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Keywords: Economic Data; Price Theory; Rational Expectations; Adaptive Expectations;

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  1. Röller, Lars-Hendrik & Waverman, Leonard, 2000. "Telecommunications Infrastructure And Economic Development: A Simultaneous Approach," CEPR Discussion Papers 2399, C.E.P.R. Discussion Papers.
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