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On the semantic approach to econometric methodology

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  • Steven Cook

Abstract

In recent research, Davis (2005) has introduced the semantic conception of theories as a means of studying the differing practices of the Textbook and LSE approaches to econometric modelling. In this paper, Davis' (2005) use of the semantic view is examined, with close attention paid to the stated roles of the semantic notions of 'model dimensions' and 'bridging assumptions'. While comments concerning the latter are of a supportive nature, some concerns are raised in relation to Davis' use of model dimensions.

Suggested Citation

  • Steven Cook, 2005. "On the semantic approach to econometric methodology," Journal of Economic Methodology, Taylor & Francis Journals, vol. 12(1), pages 117-123.
    • Handle: RePEc:taf:jecmet:v:12:y:2005:i:1:p:117-123
    DOI: 10.1080/1350178042000330922
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    References listed on IDEAS

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    1. Gouriéroux, Christian & Monfort, Alain, 1995. "Testing, Encompassing, and Simulating Dynamic Econometric Models," Econometric Theory, Cambridge University Press, vol. 11(2), pages 195-228, February.
    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.
    3. Michael P. Clements & David F. Hendry, 2001. "Forecasting Non-Stationary Economic Time Series," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262531895, December.
    4. Bontemps, Christophe & Mizon, Grayham E., 2001. "Congruence and encompassing," Discussion Paper Series In Economics And Econometrics 0107, Economics Division, School of Social Sciences, University of Southampton.
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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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