residual$543560$ - traduzione in greco
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residual$543560$ - traduzione in greco

IN ECONOMICS
Solow Residual; The Solow residual

residual      
n. υπόλοιπο
interest income         
INCOME THAT REQUIRES LITTLE TO NO EFFORT TO EARN AND MAINTAIN
Residual income; Interest income; Passive loss
τόκος έσοδο
residuary legatee         
Residuary clause; Residuary; Residuary bequest; Residuary legatee; Residual estate; Residue (law); Residuary gift
κληρονόμος εις το υπόλοιπον της περιουσίας

Definizione

Residual
·adj Pertaining to a residue; remaining after a part is taken.
II. Residual ·noun The difference between the mean of several observations and any one of them.
III. Residual ·noun The difference of the results obtained by observation, and by computation from a formula.

Wikipedia

Solow residual

The Solow residual is a number describing empirical productivity growth in an economy from year to year and decade to decade. Robert Solow, the Nobel Memorial Prize in Economic Sciences-winning economist, defined rising productivity as rising output with constant capital and labor input. It is a "residual" because it is the part of growth that is not accounted for by measures of capital accumulation or increased labor input. Increased physical throughput – i.e. environmental resources – is specifically excluded from the calculation; thus some portion of the residual can be ascribed to increased physical throughput. The example used is for the intracapital substitution of aluminium fixtures for steel during which the inputs do not alter. This differs in almost every other economic circumstance in which there are many other variables. The Solow residual is procyclical and measures of it are now called the rate of growth of multifactor productivity or total factor productivity, though Solow (1957) did not use these terms.