Recombinant Growth

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Recombinant Growth

The Harvard community has made this article openly available. Please share how this access benefits you. Your story matters. This paper attempts to provide microfoundations for the knowledge production function in an idea-based growth model. Production of new ideas is made a function of newly reconfigured old ideas in the spirit of the way an agricultural research station develops improved plan...

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We extend Weitzman’s (1998) recombinant growth framework to include endogenous R&D decisions. The analysis is carried out in the (knowledgecapital) state space by means of two characteristic curves: one is identified as a turnpike along which growing economies evolve; the other attracts stagnating economies. Sustained growth depends on a condition relating the slopes of the characteristic curve...

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Endogenous Recombinant Growth and Intellectual Property Rights

We show that, even in a framework in which monopolistic exploitation of patents does not occur, patents still give rise to serious drawbacks. We build on Weitzman’s (1998) recombinant growth model which provides a stylized but clear description of the formation of knowledge externalities. In our framework a benevolent government buys immediately new patents in a competitive market and releases ...

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Therapeutic Effects of Recombinant Growth Hormone in Improving the Growth of Thalassemia Major Patients: A Retrospective Study

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ژورنال

عنوان ژورنال: The Quarterly Journal of Economics

سال: 1998

ISSN: 0033-5533,1531-4650

DOI: 10.1162/003355398555595