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Solow Residual×Growth Accounting×Törnqvist Index×
Lĩnh vựcKinh tế họcKinh tế họcKinh tế học
HọRegression modelRegression modelProcess / pipeline
Năm ra đời195719571936
Người khởi xướngRobert SolowRobert Solow; Dale Jorgenson & Zvi GrilichesLeo Törnqvist; superlative theory by W. Erwin Diewert
LoạiResidual measure of total factor productivity growthProduction-function-based decomposition of output growthSuperlative index number for aggregating prices or quantities
Công trình gốcSolow, R. M. (1957). Technical change and the aggregate production function. The Review of Economics and Statistics, 39(3), 312–320. DOI ↗Solow, R. M. (1957). Technical change and the aggregate production function. The Review of Economics and Statistics, 39(3), 312–320. DOI ↗Diewert, W. E. (1976). Exact and superlative index numbers. Journal of Econometrics, 4(2), 115–145. DOI ↗
Tên gọi khácTFP Residual, Measure of Our Ignorance, Technical Change Residual, Multifactor Productivity ResidualSources of Growth Analysis, Solow Growth Accounting, Production Function Decomposition, Total Factor Productivity AccountingTornqvist Index, Tornqvist-Theil Index, Translog Index, Tornqvist Price Index
Liên quan333
Tóm tắtThe 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.Growth accounting is a production-function-based framework that decomposes the growth rate of aggregate output into the contributions of growth in measured inputs — typically capital and labour — and a residual that captures the growth in total factor productivity (TFP). Building on Robert Solow's 1957 derivation and refined by Dale Jorgenson and Zvi Griliches in 1967, it weights each input's growth rate by its share of national income and attributes whatever output growth is left unexplained to improvements in productivity, technology, and efficiency.The Törnqvist index is a superlative index number used to aggregate many individual prices or quantities into a single measure of overall price change or quantity change between two periods. It is a weighted geometric mean of the individual price (or quantity) relatives, where each item's weight is the average of its value shares in the two periods. Because it is 'exact' for the flexible translog aggregator function, it is the standard tool for constructing productivity indices and is widely used in national accounts, productivity statistics, and price measurement.
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ScholarGateSo sánh phương pháp: Solow Residual · Growth Accounting · Törnqvist Index. Truy cập ngày 2026-06-25 từ https://scholargate.app/vi/compare