TY  - JOUR
AB  - Analyses the influence of value judgements in the mechanics of
testing econometric theories against empirical data. The orthodox view
of mainstream, positive economics is that value judgements play no part
in the above process. Contests this view; defines value judgements and
shows the orthodox conception to be too narrow, compared with the
meaning and use of the term in other disciplines. Reviews many published
examples from the 1970s and 1980s and ways in which value judgements
have affected testing procedures in economics. Hypothesis testing via
econometric techniques is fraught with value judgements because the
application of statistical methodology is not a determinate, neutral or
objective process.
VL  - 19
IS  - 2
SN  - 0306-8293
DO  - 10.1108/EUM0000000000478
UR  - https://doi.org/10.1108/EUM0000000000478
AU  - Beed Clive
PY  - 1992
Y1  - 1992/01/01
TI  - Do Value Judgements Affect Testing Economic Theory?
T2  - International Journal of Social Economics
PB  - MCB UP Ltd
SP  - 6
EP  - 24
Y2  - 2024/09/23
ER  -