Econometric Methods for Analyzing Economic Development

Econometric Methods for Analyzing Economic Development

Peter V. Schaeffer (West Virginia University, USA) and Eugene Kouassi (University of Cocody, Cote d'Ivoire)
Indexed In: SCOPUS
Release Date: July, 2013|Copyright: © 2014 |Pages: 339
ISBN13: 9781466643291|ISBN10: 1466643293|EISBN13: 9781466643307|DOI: 10.4018/978-1-4666-4329-1


Exploring and understanding the analysis of economic development is essential as global economies continue to experience extreme fluctuation. Econometrics brings together statistical methods for practical content and economic relations.

Econometric Methods for Analyzing Economic Development is a comprehensive collection that focuses on various regions and their economies at a pivotal time when the majority of nations are struggling with stabilizing their economies. Outlining areas such as employment rates, utilization of natural resources, and regional impacts, this collection of research is an excellent tool for scholars, academics, and professionals looking to expand their knowledge on today’s turbulent and changing economy.

Topics Covered

The many academic areas covered in this publication include, but are not limited to:

  • Economic Equality
  • Economic Growth
  • Energy Consumption
  • Inflation
  • Natural Resource Management
  • Population Density

Reviews and Testimonials

Schaeffer (resource management, West Virginia U.) and Kouassi (economics, U.Félix Houphouët-Boigny, Abidjan-Cocody, Ivory Coast) draw together economists and others from North America and Africa for 15 articles that detail methods and approaches for analyzing issues in economic development and implications for the design of economics, through case studies of specific countries. Sections focus on policy issues: employment, economic growth, and inflation, including adjustment processes between economic development and employment, the tradeoff between inflation and economic performance, and the tradeoff between inflation and employment; development and equity, with chapters on income distribution, income inequality, demand for health care services, and land use and ownership in various countries in Africa; the regional impacts of unequal development, with discussion of a model for simulating impacts on regional economies and the relationship between regional industrial structure and economic development; and population and economic growth and energy consumption, the economic impact of technological change, natural resource management, and the relationship between the availability of and access to modern information technology and the relationship between governance and investment.

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Table of Contents and List of Contributors

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Author(s)/Editor(s) Biography

Peter V. Schaeffer is professor, Division of Resource Management, West Virginia Univer¬sity (WVU) and a faculty research associate in WVU’s Regional Research Institute (RRI). His primary research interests are regional economic policy; international labor migration; domestic job mobility; natural resource management; and historic preservation. He serves and has served on editorial boards and is a past chair of the North American Regional Science Council and a past president of the Southern Regional Science Association. In 2008 he became WVU’s fourth scholar to receive RRI’s William H. Miernyk Award for Lifetime Scholarly Achievement since the award’s inception in 1990. Dr. Schaeffer earned the Ph.D. in economics from the University of Southern California.
Eugene Kouassi is professor, Department of Economics, Université Félix Houphouët-Boigny, Abidjan-Cocody (Côte d’Ivoire). His interests are theoretical econometrics; advanced panel data modeling; counting processes and martingales. He now has a double appointment with the University of Namibia (UNAM). Previously he has served as research fellow at West Virginia University (USA) and the University of Montreal (Canada).