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Statistical Paradox In Economy
Statistical Paradox In Economy

Author(s): Ivica Stanković, Ilija Subotić, Borivoj Subotić
Subject(s): Economy
Published by: Fakultet za poslovne studije i pravo
Keywords: Paradox; statistics; production; Belarus; Ukraine; Serbia; America; China

Summary/Abstract: In this article the authors have pointed to certain statistical paradoxes in the economies of certain countries. The main question - whether these seemingly disparate paradoxes are connected by some finctional dependence - remains unanswered. Answer to this question requires huge work, a monumental effort, perhaps even finding a new method yet unknown to us. Why? This is about a very large number of parameters, and it is indeed going to be a major challenge for potential researchers to define their importance, as well as to determine whether to obtain this response it is necessary to consider only a few, key parameters. This modest paper certainly does not pretend to do all that.

  • Issue Year: 4/2014
  • Issue No: 12
  • Page Range: 131-137
  • Page Count: 7