Using the empirical Cobb-Douglas production function as case study, the general phenomenon of the diffusion of new research tools in economics is addressed, and the intersection of this history with that of several important empirical research programs will appeal to historians of twentieth century economics and other social sciences.
Using the empirical Cobb-Douglas production function as case study, the general phenomenon of the diffusion of new research tools in economics is addressed, and the intersection of this history with that of several important empirical research programs will appeal to historians of twentieth century economics and other social sciences.
Jeff E. Biddle is a Professor of Economics at Michigan State University. He is a past president of the History of Economics Society, and his current research focuses on the history of empirical methods in economic research.
Inhaltsangabe
Part I. Paul Douglas and his Regression, 1927-1948: 1. The Origins of Douglas's Production Function Research Program and his Initial Time Series Studies 2. The Douglas-Mendershausen Debate and the Cross Section Studies 3. Theoretical and Econometric Challenges of the Early 1940s, and Douglas's Final Word Part II. The Diffusion of the Cobb-Douglas Regression: 4. Three Important Developments in the Life of the Cobb-Douglas Regression, 1952-1961 5. The Cobb-Douglas Regression in Agricultural Economics, 1944-1965 6. The Cobb-Douglas Regression as a Tool for Measuring and Explaining Economic Growth Part III. Conclusion 7. On the Success of the Cobb-Douglas Regression References Index.
Part I. Paul Douglas and his Regression, 1927-1948: 1. The Origins of Douglas's Production Function Research Program and his Initial Time Series Studies 2. The Douglas-Mendershausen Debate and the Cross Section Studies 3. Theoretical and Econometric Challenges of the Early 1940s, and Douglas's Final Word Part II. The Diffusion of the Cobb-Douglas Regression: 4. Three Important Developments in the Life of the Cobb-Douglas Regression, 1952-1961 5. The Cobb-Douglas Regression in Agricultural Economics, 1944-1965 6. The Cobb-Douglas Regression as a Tool for Measuring and Explaining Economic Growth Part III. Conclusion 7. On the Success of the Cobb-Douglas Regression References Index.
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