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The data of concern to economic statistics may include those of an economy within a region, country, or group of countries. Economic statistics may also refer to a subtopic of official statistics for data produced by official organizations (e.g. national statistical services, intergovernmental organizations such as United Nations, European Union or OECD, central banks, and ministries).
Econometrics is an application of statistical methods to economic data in order to give empirical content to economic relationships. [1] More precisely, it is "the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference."
A typical statistics course covers descriptive statistics, probability, binomial and normal distributions, test of hypotheses and confidence intervals, linear regression, and correlation. [68] Modern fundamental statistical courses for undergraduate students focus on correct test selection, results interpretation, and use of free statistics ...
At the same time, Maddison showed them recovering lost ground from the 1950s, and documents the much faster rise of Japan and East Asia and the economic shrinkage of Russia in the 1990s. The book is a mass of statistical tables, mostly on a decade-by-decade basis, along with notes explaining the methods employed in arriving at particular figures.
The Journal of Business & Economic Statistics is a quarterly peer-reviewed academic journal published by the American Statistical Association. [1] The journal covers a broad range of applied problems in business and economic statistics, including forecasting, seasonal adjustment, applied demand and cost analysis, applied econometric modeling, empirical finance, analysis of survey and ...
Official statistics are statistics published by government agencies or other public bodies such as international organizations as a public good. They provide quantitative or qualitative information on all major areas of citizens' lives, such as economic and social development, [1] living conditions, [2] health, [3] education, [4] and the ...
The Federal Economic Statistics Advisory Committee (FESAC) advises the Directors of the Bureau of Economic Analysis and the Bureau of the Census and the Commissioner of the Bureau of Labor Statistics on statistical methodology and other technical matters related to the collection, tabulation, and analysis of federal economic statistics. [2]
The Swiss Journal of Economics and Statistics is an open access peer-reviewed academic journal of economics, published by SpringerOpen [1] on behalf of the Swiss Society of Economics and Statistics, and financially supported by the Swiss Academy of Humanities and Social Sciences [] and the Swiss National Bank.