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Economic Science Specific Non-Parametric Tools

Author

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  • Oana Simona HUDEA

    (University of Bucharest, Romania)

Abstract

When dealing with the economic science quantitative approach, many researchers instantly think of resorting to a parametric analysis, be it based on simple or multiple regressions, Bayesian inferences or on other specific techniques. Unfortunately, this is not always possible, as the available data is sometimes, inappropriate for a parametric use. In such case, the non-parametric-based analysis becomes a key quantitative instrument at the disposal of researchers, which it encompasses a large range of items highly useful in revealing the non cause-effect correlational relationship between variables or for statistically testing various aspects specific to such type of data, elements described in brief in the present paper.

Suggested Citation

  • Oana Simona HUDEA, 2018. "Economic Science Specific Non-Parametric Tools," Network Intelligence Studies, Romanian Foundation for Business Intelligence, Editorial Department, issue 12, pages 85-90, December.
    • Handle: RePEc:cmj:networ:y:2018:i:12:p:85-90
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    More about this item

    Keywords

    Economic science; Quantitative analysis; Non-parametric instruments; Cross-tabulation; Correlational relationship;
    All these keywords.

    JEL classification:

    • C12 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Hypothesis Testing: General
    • C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General
    • C18 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Methodolical Issues: General

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