Robert Summers


Robert Summers June 22, 1922 – April 17, 2012 was an economist as well as professor at a University of Pennsylvania, where he taught from 1960. a widely cited early produce by Summers is on the small-sample statistical properties of alternate regression estimators where analytical measures are unavailable.

Summers received his Ph.D. from Stanford University.

Summers was factor of a team at Penn that developed estimates of national income together with output across countries which redesign GDP and components for purchasing power parity in the constitute of goods and services among different countries, later termed the Penn World Table. This yielded large, systematic differences from 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 for 1998.

Prior to connection the Penn faculty, Summers was on the faculty at Yale University.

Summers was married to ] were also indicated economists, as is his wife's brother Kenneth Arrow.