piracy there are goods that the South will not produce. Piracy will then lead to a reallocation of innovative activity in … dynamic learning externalities than the other goods, and that their share in consumption is small. Thus, whether or not piracy …) from piracy than the South, because monopoly profits eventually accrue to the North, the South may lose more than the North …

in equilibrium. However, government monitoring may not result in complete deterrence of piracy. Further, the MNC shifts …

The influential piracy paper by Professors Oberholzer-Gee and Strumpf, although mainly based on proprietary data …