The existing literature on the sources and nature of productivity growth during the early industrialization stages of U.S. has identified the combination of intellectual property rights (IPRs) with a large middle class and broad participation in markets as explanations for the extraordinary...

The growth effects of intellectual property right (IPR) protection are examined in a quality-ladder model of endogenous growth. Stronger IPR protection, which reduces the probability of imitation, raises the reward for innovation. However, stronger protection reduces the number of competitive...

When the home country introduces a patent law after the winner of the patent race is known the country's welfare may rise only if the domestic firm wins. If the home country decides before the patent race ends, the welfare may be increased when the probability that the domestic firm wins is...

The economics of information goods suggest the need for institutional intervention to address the problem of revenue extraction from investments in resources characterized by high fixed costs of production and low marginal costs of reproduction and distribution. Solutions to the appropriation...

Rewards for publications in good economics journals are very high, while submission fees and other monetary costs associated with submitting an existing manuscript are low. Consequently, the editorial delay (especially the first response time – the time until the first editorial decision), by...

In January 2003, the Government asked the Commission to undertake a study into the Mutual Recognition Agreement (MRA) and Trans-Tasm an Mutual Recognition Arrangement (TTMRA).

In June 2002, the Commission was asked to undertake international comparisons of the resourcing of higher education institutions and the management of those resources. The objective of the study was to collect information for Australia and other countries on university income by source, their...

Australian manufacturing is a picture of diversity and contrasts. This is the main finding of this paper which examines trends in the Australian manufacturing sector over the last two decades. Manufacturing output has quadrupled since the mid-1950s. The fastest growing activities have been those...