Robert Summers

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Robert Summers is an U.S. economist and and professor emeritus, Univeristy of Pennsylvania, where he taught from 1960. A widely cited early work by Summers is on the small-sample statistical properties of alternate regression estimators where analytical measures are unavailable.

Summers was part of a team at Penn that developed estimates of national income and output across countries, adjusting for differences in the cost of goods and services within different countries, purchasing power parity-adjusted GDP and components. This yielded large differences, some of them systematic, over the common method of using only international exchange rates to convert national products to a common currency. For that work, Summers and Alan Heston were recognized as American Economic Association Distinguished Fellows in 1998.

Summers is related to the following: Paul Samuelson (sibling), Anita Summers (spouse), Kenneth Arrow (brother-in-law), and Larry Summers (son). The relation is that, like him, all are economists.

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[edit] References

  • http://pwt.econ.upenn.edu/summers.html
  • Irving B. Kravis, Alan W. Heston, and Robert Summers (1978). "Real GDP Per Capita for More Than One Hundred Countries," Economic Journal, 88(350), pp. 215-242. (abstract from JSTOR)
  • Robert Summers (1965). "A Capital Intensive Approach to the Small Sample Properties of Various Simultaneous Equation Estimators," Econometrica, 33(1) , pp. 1-41. (abstractfrom JSTOR)
  • Robert Summers and Alan Heston (1991). "The Penn World Table (Mark 5): An Expanded Set of International Comparisons, 1950-1988," Quarterly Journal of Economics, 106(2),, pp. 327-368.(abstractfrom JSTOR)