Showing 1 - 10 of 17
This Paper studies a model of the distribution of income under bounded needs. Utility derived from any given good reaches a bliss point at a finite consumption level of that good. On the other hand, introducing new varieties always increases utility. It is assumed that each variety is owned by a...
Persistent link: https://www.econbiz.de/10005124380
This paper develops a model to analyse the implications of firing costs on incentives for R&D and international specialization. The key idea is that, to avoid paying firing costs, the country with a rigid labour market will tend to produce relatively secure goods, at late stages in their product...
Persistent link: https://www.econbiz.de/10005136526
may even reduce welfare. The reason is that it crowds our proprietary innovation, which on net may reduce total innovation …
Persistent link: https://www.econbiz.de/10005662038
Over recent years `opportunity cost' (OC) models of growth have been constructed which suggest that firms take advantage of the possibility of intertemporal subsitution in order to engage in productivity-improving activities during recessions. This paper tests whether this argument is correct,...
Persistent link: https://www.econbiz.de/10005666892
This Paper develops a model for analysing the costs and benefits of intellectual property enforcement in LDCs. The North is more productive than the South and is the only source of innovator. There are two types of goods, and each bloc has a comparative advantage in producing a specific type of...
Persistent link: https://www.econbiz.de/10005662238
How can we explain the success of cooperative networks of firms that share innovations, such as Silicon Valley or the Open Source community? This Paper shows that if innovations are cumulative, making an invention publicly available to a network of firms may be valuable if the firm expects to...
Persistent link: https://www.econbiz.de/10005666989
distorts occupational choice. We study this possibility in the context of a model with horizontal innovation, where the …
Persistent link: https://www.econbiz.de/10005791837
International agreements to protect the global environment are typically difficult to reach. In principle they should be profitable for all players involved in the negotiation. Even when they are profitable, however, they are often unstable due to the incentive to free-ride (enjoying the clean...
Persistent link: https://www.econbiz.de/10005792083
countries (LDCs). It starts by discussing the consequences of IP enforcement in LDCs for global innovation and welfare in poorer …
Persistent link: https://www.econbiz.de/10005504337
This paper looks at the interplay between human capital and innovation in the presence of climate and educational … moderate, short-term consumption loss. Human capital is complement to all forms of innovation and an educational policy … stimulates both energy and general purpose innovation. This result has important policy implications considering the growing …
Persistent link: https://www.econbiz.de/10011084481