Argumentation on why simultaneous equation approach is not used in Neo-Confucian causal cycle analyses of business operations
Authors: Kuo-Hsiung Lin
Journal: Chia Da Management Review. Jun. 2007, 27(1): 247-287.
Keywords: Neo-Confucian Causal Cycle Analyses; Simultaneous Equation Approach; Ordinal Major Causes
Abstract:
The author tries to reflect and react to the following two issues: 1. Why the specification and regression of simultaneous equation approach
were not used to calculate the regression coefficient and regression constant of each behavioral equation in Neo-Confucian causal cycle
analyses of business operations? 2. Why the structural form and reduced form in simultaneous equation approach do not exist in these causal
cycle analyses in business operations? In this paper, he has done deep and sufficient argumentation on the ordinal major causes of these
one-way causal cycles.