Showing 1 - 9 of 9
We construct a model of dynamic endogenous product innovation and international trade, using it to calculate the … spur innovation of Northern goods and to make available greater resources for Northern production of current consumption …
Persistent link: https://www.econbiz.de/10008497683
This paper studies the consequences of parallel import (PI) on process innovation of firms heterogeneous in their …. The impact of PI on innovation is determined by the degree of heterogeneity between firms and trade costs. Increasing … market, hence increases its innovation efforts. A tariff policy accompanied by opening borders to PI only increases welfare …
Persistent link: https://www.econbiz.de/10008467324
In this chapter, Richard Harris points out that a traditional view has been that there is an inherent conflict between economic efficiency and social equality, a view neatly summarized in the title of Okun's famous book, Equality and Efficiency: The Big Trade-off (1975). This view gained renewed...
Persistent link: https://www.econbiz.de/10005650204
This paper analyses technology transfer and innovation activities by the high cost firm in a Cournot duopoly framework …, where technology transfer between the firms may occur after the innovation decision. The two effects of innovation are to … rule of technology transfer via higher bargaining power. The incentive for innovation is more in fixed-fee licensing than …
Persistent link: https://www.econbiz.de/10011112675
Productivity research is Canada has traditionally focused on narrow economic issues. In our view, it has given inadequate attention to the broader ramifications of productivity, both in terms of shedding light on the importance of productivity for the advancement of various aspects of social...
Persistent link: https://www.econbiz.de/10005518911
In this paper we consider a model with two industrialised countries and immigrants that come from “the rest of the world”. The countries are distinguished on the basis of three parameters: population size, bias towards immigrants, and production complementarity between native population and...
Persistent link: https://www.econbiz.de/10005570317
This paper proposes and empirically validates four theories of why legal origin influences growth and welfare through finance. It is a natural extension of “Law and finance: why does legal origin matter?” by Thorsten Beck, Asli Demirgüç-Kunt and Ross Levine (2003). We find only partial...
Persistent link: https://www.econbiz.de/10009323648
The motivations of the Arab Spring that have marked the history of humanity over the last few months have left political economists, researchers, governments and international policymakers pondering over how the quality of political institutions affect consumer welfare in terms of commodity...
Persistent link: https://www.econbiz.de/10009647228
We build a two sector (agriculture and manufacturing) heterogenous agent model to analyze the effects of a food subsidy program on output and prices. The government may finance this subsidy by levying a distortionary income tax or a tax on manufacturing consumption. We find that in the long run...
Persistent link: https://www.econbiz.de/10011168673