Word of the Week: Econometrics

As in:  “In recent decades economists have tried to move beyond historical explanations of high and low GDP growth rates by using econometric techniques to test the significance of different causes of high and low growth.”

Perkins, D. H.  (2013).   East Asian Development: Foundations and Strategies.  Cambridge, MA: Harvard University Press, p. 48.

For definitions and more about econometrics see the Oxford English Dictionary and the Credo Reference e-book collection.

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