The Discovery of the Residual: An Historical Note
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.
|Date of creation:||Nov 1995|
|Date of revision:|
|Publication status:||published as Journal of Economic Literature 34(3), Sept.1996, pp.1324-1330.|
|Contact details of provider:|| Postal: National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.|
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- 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.
- 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.
- D. W. Jorgenson & Z. Griliches, 1967. "The Explanation of Productivity Change," Review of Economic Studies, Oxford University Press, vol. 34(3), pages 249-283.
- Griliches, Zvi, 1990.
"Patent Statistics as Economic Indicators: A Survey,"
Journal of Economic Literature,
American Economic Association, vol. 28(4), pages 1661-1707, December.
- 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.
- Zvi Griliches, 1990. "Patent Statistics as Economic Indicators: A Survey," NBER Working Papers 3301, National Bureau of Economic Research, Inc.
- 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.
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