econometrically
- adverb
- /ˌiːkəˈnɒmɪtrɪkli/
- Specialized
:
econométricamente
- For evidence of imperfect price reversibility, we test econometrically the following U.S. data: vehicle miles per driver, the fuel efficiency of the automobile fleet, and gasoline demand per driver.
Examples
-
The researchers analyzed the data econometrically to identify trends in consumer spending patterns.
-
In a famous study in the American Economic Review, the economist (and now politician) John McCallum demonstrated econometrically that there is more trade among Canadian provinces and among U.S. states, and less trade across the border between Canadian provinces and U.S. states, than one would predict based on economic variables, most notably economic activity and geographical distance.
Academic text (2006) -
Calculations taken from model submissions by those models (or variants of models) which are econometrically based and which explicitly assume perfect price-reversibility.
Academic text (1992) -
We then examine econometrically, for evidence of imperfect price reversibility, the following U.S. data over the past three decades: vehicle miles per driver, the fuel efficiency of the automobile fleet, and gasoline demand per driver.
Academic text (1992) -
Combining price and expenditure data from the International Comparison Project (ICP) with statistics on direction of trade, Yotopoulos makes three major points analytically and econometrically.
Academic text (1998) -
On the financial-transaction tax, see Summers and Summers (1989). De Long and Summers, using ICP data, have shown econometrically that the relative prices of equipment have tended to be higher the lower the economy's output per worker.
Academic text (1998) -
To validate their findings, the economists assessed the impact of policy changes econometrically.
-
The report provides an econometrically sound analysis of the relationship between inflation and unemployment.
Synonyms
92
4.3
In a way that uses numbers or data to show how often something happens
How Statistical
Surface Forms
Morphology
econometrically = econometric (transparent) = econometric + ally
The adverb is a regular adverbial formation from the adjective 'econometric' and means 'in an econometric manner.'
Etymology
Econometrically comes from economy, from an old Greek word meaning 'house' or 'management', and from metron, an old Greek word meaning 'measure', the same idea as meter in 'thermometer'. So, to do something econometrically is to 'measure' the economy with numbers and statistics.