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The Solow residual method, proposed by Solow (1957) and still widely used nowadays, is universally recognized as the first method for calculating technological progress. It is thus also regarded as the benchmark for total factor productivity.

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The Solow Residual Method and Production Function Method

  • 章节

  • 发表日期：

    2025年

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  • Binlei Gong,
  • Shurui Zhang,
  • Shuo Wang,
  • Lingran Yuan,
  • Qizheng Zhang

摘要

The Solow residual method, proposed by Solow (1957) and still widely used nowadays, is universally recognized as the first method for calculating technological progress. It is thus also regarded as the benchmark for total factor productivity.