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The Discovery of the Residual: An Historical Note

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  • Zvi Griliches

Abstract

This note reviews the history of the 'residual,' from its earliest articulation in Copeland (1937) to its codification in Solow (1957), describing the various earlier contributions by Tinbergen, Stigler, Schmookler, Fabricant, Kendrick, Abramovitz and others.

Suggested Citation

  • Zvi Griliches, 1995. "The Discovery of the Residual: An Historical Note," NBER Working Papers 5348, National Bureau of Economic Research, Inc.
  • Handle: RePEc:nbr:nberwo:5348
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    1. D. W. Jorgenson & Z. Griliches, 1967. "The Explanation of Productivity Change," Review of Economic Studies, Oxford University Press, vol. 34(3), pages 249-283.
    2. repec:fth:harver:1473 is not listed on IDEAS
    3. Zvi Griliches, 1998. "Patent Statistics as Economic Indicators: A Survey," NBER Chapters,in: R&D and Productivity: The Econometric Evidence, pages 287-343 National Bureau of Economic Research, Inc.
    4. M. A. Copeland, 1937. "Concepts of National Income," NBER Chapters,in: Studies in Income and Wealth, Volume 1, pages 2-63 National Bureau of Economic Research, Inc.
    5. Zvi Griliches, 1958. "Research Costs and Social Returns: Hybrid Corn and Related Innovations," Journal of Political Economy, University of Chicago Press, vol. 66, pages 419-419.
    6. M. A. Copeland & E. M. Martin, 1938. "The Correction of Wealth and Income Estimates for Price Changes," NBER Chapters,in: Studies in Income and Wealth, Volume 2, pages 83-134 National Bureau of Economic Research, Inc.
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