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Showing posts with label Economics. Show all posts
Showing posts with label Economics. Show all posts

Friday

Quality control and Quality Assurance in Social Sciences

Quality Control (QC) and Quality Assurance (QA) are terms rarely used in social sciences though they are in manufacturing industries. For a social scientist seeking jobs in the industries, learning their vocabularies are essential.

QA can be defined as procedures that assure that the product being manufactured will be of good quality.

QC can be defined as assessments of the product once manufactured.

For a social scientist, a product would be a report or article. Commonly used guides or requirements to write a report in a given field can be seen as belonging to quality assurance. Meeting with colleagues, fellows, supervisors, or bosses to discuss design and details of the report are also quality assurance. When the final report is assessed by some ‘external’ body (an invited social science lecturer, anonymous sociologist reviewer, a client, etc.), it is under quality control. Sometimes, a senior team member of a social research team providing services to a client may act as a quality controller (he/she is actually performing a quality assurance role) and ask the rest of the team to revise the product/service before submitting it to the client.

No matter what, if the client is satisfied with the product or service, quality assurance reaches its goal. In other words, having quality is equal to having client satisfaction.

Tuesday

Composite Reliability Calculator

Measurement is a serious topic in social science. Validity and reliability should always be the central interest of social scientists who are in charge of developing data collection tools and analysis plans.

This tool allows you to calculate composite reliability based on standardized factor loadings and error variance

http://www.thestatisticalmind.com/calculators/comprel/composite_reliability.htm

Please send thanks to the author.

Thursday

A normal distribution: an univariate approach

 

If a variable is normally distributed, most of its values centre around the mean, within two standard deviations (up to the blue areas, at both sides). If value is more than two SD away from the mean, it is potentially an outlier. Remove it. If there are two many values like that, we should not consider the variable normally distributed.

In order to judge if a variable is ‘normally distributed’

  • calculate the mean and SD : SD = square root[sum((xi – mean)2)/mean]
  • convert each value into z score: (xi – mean)/SD
  • compare each z score with 1.96*SD
  • if the result is greater than 1.96*SD, that value is an outlier.

image

Guanxi, Blat: the economy of shortage

 

In command economies of Soviet countries, China, and Vietnam, foods and services were often scare.

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The practice of getting scare services and goods from informal contacts was widespread. In Chinese, it is called, in general sense, guanxi. In Russia, it is blat. Many other academic terms relates to that:

‘economy of favours’, ‘economy of shortage’, ‘second economy’, ‘culture of shortage’

How have those practice changed over time and how could they be used for analyses of contemporary social issues in the post-socialist countries are important questions.

People have said much about ‘social capital’ and often ignored this form of social capital in the post-socialist world.

This is a good review, it is worth having a look:

Ledeneva, A. (2008). "Blat and Guanxi: informal practices in Russia and China." Comparative Studies in Society and History 50(1): 118-144.

Friday

Learning economics

Economics has the capacity to offer us deep insights into some of the most formidable problems of life, and offer solutions to them too. Combining a global approach with examples from everyday life, Partha Dasgupta describes the lives of two children who live very different lives in different parts of the world: in the Mid-West USA and in Ethiopia. He compares the obstacles facing them, and the processes that shape their lives, their families, and their futures. He shows how economics uncovers these processes, finds explanations for them, and how it forms policies and solutions. Along the way, Dasgupta provides an intelligent and accessible introduction to key economic factors and concepts such as individual choices, national policies, efficiency, equity, development, sustainability, dynamic equilibrium, property rights, markets, and public goods.

Monday

Building an Integrated Capital Market in East Asia

BAN-CAP [Internet]. McCauley, Robert. Building an Integrated Capital Market in East Asia. Asian Development Bank Institute (ADBI), 2007. Full text http://www.adbi.org/discussion-paper/2007/11/26/2411.integrated.capital.market.east.asia/

Chỉ số năng lực cạnh tranh cấp tỉnh của Việt Nam năm 2007: Đánh giá chất lượng điều hành kinh tế để thúc đẩy sự phát triển của khu vực kinh tế tư nhân.

ECO-ENT-V7. USAID; Phòng Thương mại và Công nghiệp Việt Nam (VCCI); Malesky, Edmund. Chỉ số năng lực cạnh tranh cấp tỉnh của Việt Nam năm 2007: Đánh giá chất lượng điều hành kinh tế để thúc đẩy sự phát triển của khu vực kinh tế tư nhân. Sáng kiến Cạnh tranh Việt Nam (VNCI), 2007. Báo cáo Nghiên cứu Chính sách. 12. Full text http://www.pcivietnam.org/reports.php

The Vietnam Provincial Competitiveness Index 2007: Measuring economic governance for private sector development.

ECO-ENT-V7. USAID; VCCI; Malesky, Edmund. The Vietnam Provincial Competitiveness Index 2007: Measuring economic governance for private sector development. VNCI, 2007. VNCI policy paper. 12. Full text http://www.pcivietnam.org/reports.php