Gilbert, Christopher L.; Qin, Duo - In: Measurement in economics : a handbook, (pp. 251-269). 2007
Measurement forms the substance of econometrics. This chapter outlines the history of econometrics from a measurement … perspective - how have measurement errors been dealt with and how, from a methodological standpoint, did econometrics evolve so as … to represent theory more adequately in relation to data? The evolution is organized in terms of four phases: 'theory and …