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We study a dynamic general equilibrium model where innovation takes the form of the introduction new goods, whose production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are adapted to be produced using unskilled labor. Our...
Persistent link: https://www.econbiz.de/10012462712
, and the consequences of the decision taken by the South for welfare in the North and for efficiency of the world … producer selling some good to an integrated world market. In this competition, only the Northern firm has the ability to … technology and the North harmed by such actions. A strong system of intellectual property rights may or may not enhance world …
Persistent link: https://www.econbiz.de/10012476291
countries from 2000-2013. The World Trade Organization required its member countries to implement a minimum level of patent … protection within a specified time period as part of the TRIPS Agreement. However, members retained the right to impose price … product level, selection into TRIPS "treatment" is exogenously determined by compliance deadlines that vary across countries …
Persistent link: https://www.econbiz.de/10012457867
The debate between the North and the South about the enforcement of intellectual property rights in the South is examined within a dynamic general equilibrium framework in which the North innovates new products and the South imitates them. A welfare evaluation of a policy of tighter intellectual...
Persistent link: https://www.econbiz.de/10012474898
We model the motives for residents of a country to hold foreign assets, including the precautionary motive that has been omitted from much previous literature as intractable. Our model captures many of the principal insights from the existing specialized literature on the precautionary motive,...
Persistent link: https://www.econbiz.de/10012463421
Lucas (1990) argued that it was a paradox that more capital does not flow from rich countries to poor countries. He rejected the standard explanation of expropriation risk and argued that paucity of capital flows to poor countries must instead be rooted in externalities in human capital...
Persistent link: https://www.econbiz.de/10012468398
This paper examines three sets of explanations for variations in the strength of patent protection across sixty countries and a 150-year period. Wealthier nations are more likely to have patent systems, to allow patentees a longer time to put their patents into practice, and to ratify treaties...
Persistent link: https://www.econbiz.de/10012471298
By thoroughly controlling for the country covariates, through a combination of matched sampling techniques with fixed-effect panel regression models, the analyses arrive at robust results across the various model specifications. First, national pharmaceutical patent protection alone does not...
Persistent link: https://www.econbiz.de/10012462357
We discuss global climate mitigation that builds on existing unilateral measures to cut emissions. We document and discuss the rationale for such unilateral measures argue that such measures have the potential to generate positive spillover effects both within and across countries. In a simple...
Persistent link: https://www.econbiz.de/10012463208
Intellectual property treaties have two main types of provisions: national treatment of foreign inventors, and harmonization of protections. I address the positive question of when countries would want to treat foreign inventors the same as domestic inventors, and how their incentive to do so...
Persistent link: https://www.econbiz.de/10012469597