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The Cobb-Douglas regression, a statistical technique developed to estimate what economists called a 'production function', was introduced in the late 1920s. For several years, only economist Paul Douglas and a few collaborators used the technique, while vigorously defending it against numerous critics. By the 1950s, however, several economists beyond Douglas's circle were using the technique, and by the 1970s, Douglas's regression, and more sophisticated procedures inspired by it, had become standard parts of the empirical economist's toolkit. This volume is the story of the Cobb-Douglas regression from its introduction to its acceptance as general-purpose research tool. The story intersects with the histories of several important empirical research programs in twentieth century economics, and vividly portrays the challenges of empirical economic research during that era. Fundamentally, this work represents a case study of how a controversial, innovative research tool comes to be widely accepted by a community of scholars.

Production functions (Economic theory) --- Economics --- Economics, Mathematical --- Regression analysis --- Analysis, Regression --- Linear regression --- Regression modeling --- Multivariate analysis --- Structural equation modeling --- Mathematical economics --- Econometrics --- Mathematics --- Functions, Production (Economic theory) --- Production (Economic theory) --- History. --- Econometric models --- Methodology --- Mathematical models --- Douglas, Paul H. --- Douglas, Paul Howard, --- Douglas, Paul,

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Quantitative methods (economics)

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AA / International- internationaal --- 330.40 --- Geschiedenis van het economisch en sociaal denken --- Evolution historique de la pensée économique et sociale: généralités --- History of the economic and social thinking --- 330.40 Geschiedenis van het economisch en sociaal denken --- 330.40 Evolution historique de la pensée économique et sociale: généralités --- 330.40 History of the economic and social thinking --- Geschiedenis van het economisch en sociaal denken.

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Research in the History of Economic Thought and Methodology is an annual research series which presents materials in two fields, both broadly considered: the history of economic thought and the methodology of economics.The annual A-volume contains peer-reviewed articles comparable to other academic journals in the history of economics, except that long pieces are welcome. The A-volume also publishes symposia, and review essays on new works in the history of economic thought, methodology and related fields (philosophy of science, sociology of science, rhetoric of science, and intellectual history), including multiple reviews of the same work.The annual B- and C-volumes are archival supplements that present previously unpublished materials -- lecture notes, papers, longer manuscripts, correspondence, etc.- of interest in both fields addressed in the A-vol.

Economics --- Economic theory --- Political economy --- History. --- Social sciences --- Economic man --- History --- E-books --- Business & Economics --- Economic history. --- Economics. --- Economic History. --- Theory.