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Solow residual, the


  • Paul A. Johnson


Solow's method of decomposing the growth in aggregate output into that part due to growth in inputs and that part due to technological progress has become the standard method for measuring technological progress, or growth in total factor productivity. This contribution outlines the method and later refinements.

Suggested Citation

  • Paul A. Johnson, 2010. "Solow residual, the," The New Palgrave Dictionary of Economics, Palgrave Macmillan.
  • Handle: RePEc:pal:dofeco:v:4:year:2010:doi:1929

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    References listed on IDEAS

    1. Steven Brams & Peter Fishburn, 2005. "Going from theory to practice: the mixed success of approval voting," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 25(2), pages 457-474, December.
    2. Jean-Fran├žois Laslier & Karine Straeten, 2008. "A live experiment on approval voting," Experimental Economics, Springer;Economic Science Association, vol. 11(1), pages 97-105, March.
    3. repec:cup:apsrev:v:87:y:1993:i:01:p:102-114_09 is not listed on IDEAS
    4. Donald Saari & Jill Newenhizen, 1988. "The problem of indeterminacy in approval, multiple, and truncated voting systems," Public Choice, Springer, vol. 59(2), pages 101-120, November.
    5. repec:cup:apsrev:v:72:y:1978:i:03:p:831-847_15 is not listed on IDEAS
    6. repec:cup:apsrev:v:78:y:1984:i:04:p:952-958_25 is not listed on IDEAS
    7. Fishburn, Peter C., 1978. "Axioms for approval voting: Direct proof," Journal of Economic Theory, Elsevier, vol. 19(1), pages 180-185, October.
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