Recombinant Growth

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Recombinant Growth

Show simple item record Weitzman, Martin L. 2010-02-26T18:58:56Z 1998
dc.identifier.citation Weitzman, Martin L. 1998. Recombinant growth. Quarterly Journal of Economics 113(2): 331-360. en_US
dc.identifier.issn 0033-5533 en_US
dc.description.abstract 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 plant varieties by cross-pollinating existing plant varieties. The model shows how knowledge can build upon itself in a combinatoric feedback process that may have significant implications for economic growth. The paper's main theme is that the ultimate limits to growth lie not so much in our ability to generate new ideas as in our ability to process an abundance of potentially new ideas into usable form. en_US
dc.description.sponsorship Economics en_US
dc.language.iso en_US en_US
dc.publisher Massachusetts Institute of Technology Press en_US
dc.relation.isversionof en_US
dash.license LAA
dc.title Recombinant Growth en_US
dc.type Journal Article en_US
dc.description.version Proof en_US
dc.relation.journal Quarterly Journal of Economics -Cambridge Massachusetts- en_US Weitzman, Martin L. 2010-02-26T18:58:56Z

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