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In an economy with voluntarily provided public goods and private product varieties, and a general class of CES preferences, it is shown that aggregate public good contribution follows an inverted-U pattern with respect to group size when private and public goods are substitutable in preferences....
Persistent link: https://www.econbiz.de/10011076551
This work incorporates the idea that the protection of intellectual property rights may hinder the free flow of scientific knowledge from innovations in a standard endogenous growth model and finds that stronger protection of intellectual property rights may discourage innovation.
Persistent link: https://www.econbiz.de/10010572166
This paper presents a modified version of the North-South endogenous imitation model of Grossman and Helpman [Grossman, G., Helpman, E., 1991b. Endogenous product cycles. The Economic Journal 101, 1241-1229] based on the product variety framework. We show that a tighter Intellectual Property...
Persistent link: https://www.econbiz.de/10008521159
A dynamic North - South general equilibrium model of international product cycle is presented in this paper. The qualitative effects of strengthening intellectual property rights (IPR) on the balanced growth rate of the world economy is studied in two alternative cases: (i) imitation is direct...
Persistent link: https://www.econbiz.de/10005505231
We introduce perfect international labour mobility between the North and the South into the Helpman [Helpman, E., 1993. Innovation, imitation, and intellectual property rights. Econometrica 61 (6), 1247-1280] North South model. We analyse the effect of strengthening the intellectual property...
Persistent link: https://www.econbiz.de/10005444834
This paper analyses the stability properties of the Grossman-Helpman [Grossman, G. Helpman, E., 1991b. Endogenous product cycles. The Economic Journal 101, 1229-1241] product-variety model of endogenous product cycles. It has been shown that there exists a unique saddle path converging to the...
Persistent link: https://www.econbiz.de/10005247214
In this paper, we analyse a North South dynamic general equilibrium model of the international product cycle to study the effects of strengthening the Intellectual Property Rights (IPR) protection in the South on the rate of innovation in the North and on the level of unemployment in the South....
Persistent link: https://www.econbiz.de/10005107489
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