Determination of Impact of Propensities by Means of Residuals of Econometric Models for Spatial Data

• Autorzy: Mariusz Doszyń
• Języki publikacji: EN

Abstrakty

EN

It is important to be aware that economic occurrences depend also on subjective (psychological and sociological) factors. In many cases these causes could be identified with propensities. Propensities could be understood as a generalized psychological and sociological causes that make probabilities of certain events higher in given objective circumstances. In the article proposition of determining impact of propensities on economic phenomena by means of residuals of econometric models for spatial data was discussed. Econometric consequences of omitting subjective factors (propensities) while analyzing socio-economic regularities were presented. Such kind of residuals as OLS, predictive, studentized, recursive and BLUS residuals were described. Econometric properties of mentioned residuals were also pointed out. In the empirical example all types of residuals were used to analyze impact of propensity to consume in chosen European countries in 2006. (original abstract)

Słowa kluczowe

EN

Consumption; Econometric models

PL

Konsumpcja; Modele ekonometryczne

• Czasopismo: Folia Oeconomica Stetinensia
• Rocznik: 2009
• Tom: 8
• Numer: nr 1
• Strony: 49--56

Twórcy

autor

Mariusz Doszyń

• University of Szczecin, Poland

Bibliografia

• Doszyń, M. (2009). Considerations concerning impact of propensities on basic macroeconomic variables. Folia Oeconomica Stetinensia, 7(15), 109-116, DOI: 10.2478/v10031-008-0029-4.
• Doszyń, M. (2008a). Metody analizy wpływu skłonności do konsumpcji na wydatki ludności. Wiadomości Statystyczne, 9, 70-76, Warszawa: GUS, PTS.
• Doszyń, M. (2008b). Statystyczno-ekonometryczna analiza skłonności ludzkich. Szczecin: Wydawnictwo Naukowe Uniwersytetu Szczecińskiego.
• Greene, W. (2003). Econometric Analysis. Fifth Edition. New Jersey: Prentice Hall.
• Hozer, J., Doszyń M. (2004). Ekonometria skłonności. Warszawa: PWE.
• Hozer, J. (2002). Ekonometryczna interpretacja skłonności w ekonomii. Przegląd Statystyczny, 3.
• Johansen, S. (2006). Cointegration: a survey. Palgrave Handbook of Econometrics: Volume 1, Econometric Theory. Basingstoke, UK and New York, USA: Palgrave MacMillan.
• Keynes, J. (2003). Ogólna teoria zatrudnienia, procentu i pieniądza. Warszawa: PWN.
• Maddala, G. (2006). Ekonometria. Warszawa: PWN.
• Popper, K. (1959). The Propensity Interpretation of Probability. British Journal for the Philosophy of Science, 10.
• Samuelson, P. (1970). Foundations of Economic Analysis. New York: Atheneum.
• Theil, H. (1979). Zasady ekonometrii. Warszawa: PWN.

Identyfikatory

DOI

10.2478/v10031-009-0023-5