Solow Residual
The Solow residual is the portion of output growth that is not explained by the growth of measured inputs — capital and labour — after each input's growth is weighted by its share of national income. Introduced by Robert Solow in 1957, it is the empirical counterpart of total factor productivity (TFP) growth and is computed by subtraction rather than measured directly. Because it captures everything that raises output without raising measured inputs, it has been famously described as a 'measure of our ignorance': it labels what we cannot otherwise account for, lumping together genuine technical change, efficiency gains, and pure measurement error.
Soma mbinu kamili
Ingia kwa akaunti ya bure ili kusoma sehemu hii.
Ramani ya mbinu
Jirani ya mbinu zinazohusiana — chagua nodi ili kuchunguza.
Vyanzo
- Solow, R. M. (1957). Technical change and the aggregate production function. The Review of Economics and Statistics, 39(3), 312–320. DOI: 10.2307/1926047 ↗
- Jorgenson, D. W., & Griliches, Z. (1967). The explanation of productivity change. The Review of Economic Studies, 34(3), 249–283. DOI: 10.2307/2296675 ↗
Jinsi ya kunukuu ukurasa huu
ScholarGate. (2026, June 22). Solow Residual (Total Factor Productivity Growth). ScholarGate. https://scholargate.app/sw/economics/solow-residual
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Weka mbinu hii kando ya jamaa zake wa karibu na uzisome bega kwa bega — maktaba huweka vitabu mezani; uamuzi ni wako.
- Growth AccountingUchumi↔ linganisha
- Törnqvist IndexUchumi↔ linganisha
- Total Factor ProductivityUchumi↔ linganisha
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