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On applied econometric research

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  • A. R. G. Heesterman

Abstract

Summary This paper discusses criteria by which one may investigate whether stochastic relations and models are correctly specified. In this connection, the concept of the systematic coincidence arises. A systematic coincidence is a specified relationship, which, on closer analysis, appears to be the result of simultaneous interdependence via the model as a whole, and not a valid relation in its own right at all. The problem is then surveyed from the point of view of the practical research worker, and the emphasis is on time‐series analysis.

Suggested Citation

  • A. R. G. Heesterman, 1970. "On applied econometric research," Statistica Neerlandica, Netherlands Society for Statistics and Operations Research, vol. 24(3), pages 127-131, September.
    • Handle: RePEc:bla:stanee:v:24:y:1970:i:3:p:127-131
    DOI: 10.1111/j.1467-9574.1970.tb00115.x
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