ABSTRACT
In this chapter some of the most important results of econometric research will be surveyed. We have already seen that the boundaries between econometrics and its older neighbors, economics and statistics, cannot be drawn clearly. We therefore start by more or less marking out the field of econometrics beforehand. Also in economics and statistics, important results have been attained during the last 10 or 20 years. We shall, however, only discuss those investigations which at the same time deal with measurement and have a quantitative-theoretical character. Purely mathematical-economic and consequently theoretical results, such as much of the work by Frisch, Hicks and Allen, and Marschak–to mention a few of the most successful workers in this field–will not be considered here. Also Chait's work, although connected with statistical facts, was originally achieved in the theoretical field, and therefore will not be considered.
