Edited by Frederic S. Lee and Bruce Cronin
Chapter 9: Factor analysis, cluster analysis, and nonparametric research methods for heterodox economic analysis
AbstractThe chapter seeks to inform readers of factor analysis as an analytical procedure for conducting heterodox economic research, particularly research conducted within a grounded theory_critical realist framework. The chapter enlightens the readers to analytical methods of model building suitable for social and behavioral research. Factor analysis is used many social science disciplines, including business, psychology, sociology, and anthropology, and is just beginning to penetrate the economic discipline. Factor analysis provides a toolkit for those who seek a broader understanding of social and economic phenomena in terms of its underlying social structure. The chapter contextualizes factor analysis within the heterodox economic approach of critical realist_grounded theory and discusses the various methods within factor analysis and conditions for their use.
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.