Gregory Chow

Gregory Chi - Chong Chow (Chinese邹 至 庄, Pinyin Zou Zhìzhuāng, born December 25, 1930 in Macau) is an American economist and mathematician with Chinese roots. He developed the eponymous Chow test.

Career, teaching and research

Chow grew up in the southern Chinese province of Guangdong. After the Japanese invasion, he fled with his family to Hong Kong in 1937, five years later to Macao. After the end of World War II, he returned with his family to his native province, where he completed his schooling. In 1947 he began studying mathematics at Lingnan University, Guangzhou, before he left China and a year later as a sophomore at Cornell University, continued his studies. Management Science is interested, he decided to delve into econometrics. In 1951 he moved to the University of Chicago. There he met, among others, under Milton Friedman, Rudolf Carnap, Hendrik Houthakker, Tjalling Koopmans, William Kruskal, Jacob Marshak and Leonard Jimmie Savage, but also visited sociological seminars by Friedrich Hayek. In his 1955 thesis submitted for obtaining the Ph.D. title Chow explained to the demand function for automobiles. Arnold Harberger motivated him to expand the statements made in the thesis. This Chow developed a statistical test procedure for stability of regression coefficients, which was later named after him.

After finishing his studies, Chow went to the Sloan School of Management at the Massachusetts Institute of Technology. There he worked on the side of Paul Samuelson and Robert Solow. In 1959 he accepted an appointment at Cornell University, but put after only one year as professor down and joined IBM in New York's Thomas Watson Research Center. There he used his knowledge, on the one hand continue to do research and also to advise management. He also served as an economic adviser in Asia. 1970 Chow came back to academia when he accepted a professorship at Princeton University. As the successor of Oskar Morgenstern, he took over the management of the econometric research area. Until 1997, he stood before the research program, which was renamed in 2001 when he retired in his honor.

Chow is known especially for the development of his statistical methods. In addition, he performed in the course of his scientific career econometric basic research in various fields. In particular, the control theory and its application to economic problems get him groundbreaking results. He also grappled with the Asian economic region, where he often focused on the Chinese economy. He also committed himself to scientific exchange between the United States and China, where he initiated a number of exchange programs.

Works

The following list is a selection of Chow published books again, he has also written numerous journal articles and working papers.

• Analysis and Control of Dynamic Economic Systems, 1975.
• Econometrics, 1983.
• The Chinese Economy, 1987.
• Dynamic Economics: Optimization by the Lagrange Method, 1997.
• China 's Economic Transformation, 2002
• Knowing China, 2004.
• Interpreting China 's Economy, 2010