Political-Econometrics: The Quantitative Investigation of a Political Economy

Pinhas Zusman

Center for Agricultural and Rural Development (CARD) Publications from Center for Agricultural and Rural Development (CARD) at Iowa State University

Abstract: In an earlier work [Zusman and Rausser (1990a)], we expounded a descriptive integrated theory of a political-economy. As is generally the case, the motivations for developing the theory were: (a) to provide a general explanation of the working of a political-economy and (b) to provide a mechanism for predicting the values assumed by the endogenous economic variables and the policy instruments for given environments. The two objectives are, in fact, related in several ways. Evidently, explication and prediction alike must derive from a valid theory. As an introduction to the rest of this paper, we now consider the theory validation problem and the role of theory in prediction as applied to our political-economic theory.

Date: 1992-01
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.card.iastate.edu/products/publications/pdf/90gatt30.pdf Full Text (application/pdf)
https://www.card.iastate.edu/products/publications/synopsis/?p=970 Online Synopsis (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ias:cpaper:90-gatt30

Access Statistics for this paper

More papers in Center for Agricultural and Rural Development (CARD) Publications from Center for Agricultural and Rural Development (CARD) at Iowa State University Contact information at EDIRC.
Bibliographic data for series maintained by ().