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The Et Interview: Professor Sir Richard Stone


  • Pesaran, M. Hashem


Sir Richard Stone, knighted in 1978 and Nobel Laureate in Economics in 1984, is one of the pioneering architects of national income and social accounts, and is one of the few economists of his generation to have faced the challenge of economics as a science by combining theory and measurement within a cohesive framework. He was awarded the Nobel Prize in Economics for his “fundamental contributions to the development of national accounts,” but he has made equally significant contributions to the empirical analysis of consumer behavior. His work on the “Growth Project” has also been instrumental in the development of appropriate econometric methodology for the construction and the analysis of large disaggregated macroeconometric models.

Suggested Citation

  • Pesaran, M. Hashem, 1991. "The Et Interview: Professor Sir Richard Stone," Econometric Theory, Cambridge University Press, vol. 7(01), pages 85-123, March.
  • Handle: RePEc:cup:etheor:v:7:y:1991:i:01:p:85-123_00

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    Cited by:

    1. Suzuki, Tomo, 2007. "A history of Japanese accounting reforms as a microfoundation of the democratic socio-economy: Accountics Part II," Accounting, Organizations and Society, Elsevier, vol. 32(6), pages 543-575, August.
    2. John Creedy, 2008. "J. A. C. Brown (1922-1984): An Appreciation," Department of Economics - Working Papers Series 1027, The University of Melbourne.
    3. Qin, Duo, 2014. "Resurgence of instrument variable estimation and fallacy of endogeneity," Economics Discussion Papers 2014-42, Kiel Institute for the World Economy (IfW).
    4. Germano Mwabu & Moses K. Muriithi & Reuben G. Mutegi, 2011. "National Transfer Accounts for Kenya: the economic lifecycle in 1994," Chapters,in: Population Aging and the Generational Economy, chapter 19 Edward Elgar Publishing.

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