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Precis, Policy, and Perspective

John Knight and Lina Song

in The Rural-Urban Divide: Economic Disparities and Interactions in China

Published in print:
1999
Published Online:
October 2011
ISBN:
9780198293309
eISBN:
9780191684975
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198293309.003.0010
Subject:
Economics and Finance, South and East Asia, Development, Growth, and Environmental

This chapter summarizes the conclusions of each chapter, and integrates them into an argument. It then considers the policy implications of analysis when government objectives are partly exogenous ... More


Empirical Relevance

Bernt P. Stigum

in Econometrics in a Formal Science of Economics: Theory and the Measurement of Economic Relations

Published in print:
2014
Published Online:
September 2015
ISBN:
9780262028585
eISBN:
9780262323109
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262028585.003.0003
Subject:
Economics and Finance, Econometrics

Chapter III explains and illustrates what it means for an economic theory to be empirically relevant. A theory’s empirical relevance depends on the empirical context in which it is tested and on the ... More


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