Massachusetts Institute of Technology
Sign in Create Account

Robert Solow - The State of the Economy & Some Implications for the Energy Industry

Robert Solow
Nobel Laureate, 1987
Institute Professor, Emeritus

Robert M. Solow is considered to be one of the founders of modern neoclassical economics. He utilized determinants of economic growth to be separated out into increases in inputs and technical progress. Using his model, he calculated that about four-fifths of the growth in U.S. output per worker was attributable to technical progress. Solow also was the first to develop a growth model with different vintages of capital.

Professor Solow held several government positions, including Senior Economist for the Council of Economic Advisers, and member of the President's Commission on Income Maintenance (1968-70). He won the 1961 American Economic Associations John Bates Clark award in 1961, and the Nobel Prize in 1987 for his analysis of economic growth. Solow also received the National Medal of Science in 1999.

Comments (0)

It looks like no one has posted a comment yet. You can be the first!

You need to log in, in order to post comments. If you don’t have an account yet, sign up now!

MIT Energy Initiative

MIT Energy Initiative

Category: Environment/Energy | Updated 5 months ago

Created
October 28, 2011 10:20
Category
License
All Rights Reserved (What is this?)
Additional Files


Viewed
6341 times

More from MIT Energy Initiative

Tony Hayward - Facing the Harsh Realities

Tony Hayward - Facing the Harsh Rea...

Added over 5 years ago | 01:07:50 | 23039 views

C3E 2012: Looking Ahead to the Fourth Clean Energy Ministerial

C3E 2012: Looking Ahead to the Four...

Added over 2 years ago | 00:14:06 | 2280 views

Frances Beinecke - Can We Meet the Planet's Deadline?

Frances Beinecke - Can We Meet the ...

Added over 5 years ago | 01:00:45 | 28259 views

MIT Releases Report on the Future of the Nuclear Fuel Cycle

MIT Releases Report on the Future o...

Added almost 4 years ago | 01:32:00 | 9763 views

Computational Sustainability Seminar: Enabling a Sustainable Energy Infrastructure - a role for Information Technology

Computational Sustainability Semina...

Added over 3 years ago | 01:02:00 | 9310 views

International Energy Outlook 2011

International Energy Outlook 2011

Added over 3 years ago | 01:14:00 | 4064 views