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Dilemmas of Economic Measurements in Weak Scales Cover

Dilemmas of Economic Measurements in Weak Scales

Open Access
|Jun 2012

Abstract

The attempts to measure economic phenomena and processes of qualitative nature have become commonplace among scholars engaged in empirical research. The use of measurement in the nominal and ordinal scales, however, requires a thorough knowledge of the meaning of numbers generated in the course of such operations. It is also necessary to have knowledge of acceptable statistical and econometric tools to be used in such research. Unfortunately, researchers often apply methods that are not acceptable for the numbers in the weak scales. As a result they "soup up" the outcome of their empirical research, instead of achieving a substantive truth. This article is devoted to the possibilities of statistical analysis of numbers resulting from the weak scale measurement.

DOI: https://doi.org/10.2478/v10031-011-0045-7 | Journal eISSN: 1898-0198 | Journal ISSN: 1730-4237
Language: English
Page range: 50 - 59
Published on: Jun 28, 2012
Published by: University of Szczecin
In partnership with: Paradigm Publishing Services
Publication frequency: 2 issues per year

© 2012 Jerzy Wiśniewski, published by University of Szczecin
This work is licensed under the Creative Commons License.

Volume 10 (2011): Issue 2 (June 2011)