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This paper provides a survey on studies that analyze the macroeconomic effects of intellectual property rights (IPR). The first part of this paper introduces different patent policy instruments and reviews their effects on R&D and economic growth. This part also discusses the distortionary...
Persistent link: https://www.econbiz.de/10008509527
What are the effects of increasing developing countries’ intellectual property rights protection on growth, welfare and income inequality in the global economy? To analyze this question, we develop a two-country R&D-growth model with wealth heterogeneity. We find that the North experiences...
Persistent link: https://www.econbiz.de/10008533416
This paper explores the impact of labor market integration between an advanced country (North) and backward country (South) on income distribution and pattern oftrade by making use of a two-sector, competitive trade model with heterogeneous labor. We prove that, for the North, after the labor...
Persistent link: https://www.econbiz.de/10008533412