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What has been the overall global welfare impact of the accession to the World Trade Organization of a large country … simple user-friendly formula to calculate the global welfare impact of the simultaneous trade liberalization of a number of … countries? How sensitive is the answer to the assumption of the trade model? We find a striking answer to these questions. We …
Persistent link: https://www.econbiz.de/10009515732
What has been the overall global welfare impact of the accession to the World Trade Organization of a large country … simple user-friendly formula to calculate the global welfare impact of the simultaneous trade liberalization of a number of … countries? How sensitive is the answer to the assumption of the trade model? We find a striking answer to these questions. We …
Persistent link: https://www.econbiz.de/10013108084
We study international trade in a model where consumers have non-homothetic preferences and where household income …) countries but a threat of parallel trade restricts the scope of price discrimination between countries. The threat of parallel … trade allows differences in per capita incomes to have a strong impact on the extensive margin of trade, whereas differences …
Persistent link: https://www.econbiz.de/10010316059
We study international trade in a model where consumers have non-homothetic preferences and where household income …) countries but a threat of parallel trade restricts the scope of price discrimination between countries. The threat of parallel … trade allows differences in per capita incomes to have a strong impact on the extensive margin of trade, whereas differences …
Persistent link: https://www.econbiz.de/10008656072
We study international trade in a model where consumers have non-homothetic preferences and where household income …) countries but a threat of parallel trade restricts the scope of price discrimination between countries. The threat of parallel … trade allows differences in per capita incomes to have a strong impact on the extensive margin of trade, whereas differences …
Persistent link: https://www.econbiz.de/10009243062
exports. The paper modifies Arkolakisś (2010) model of trade with heterogeneous firms by introducing endogenous quality and …
Persistent link: https://www.econbiz.de/10009786048
We study international trade in a model where consumers have non-homothetic preferences and where household income …) countries but a threat of parallel trade restricts the scope of price discrimination between countries. The threat of parallel … trade allows differences in per capita incomes to have a strong impact on the extensive margin of trade, whereas differences …
Persistent link: https://www.econbiz.de/10008760473
We study international trade in a model where consumers have non-homothetic preferences and where household income …) countries but a threat of parallel trade restricts the scope of price discrimination between countries. The threat of parallel … trade allows differences in per capita incomes to have a strong impact on the extensive margin of trade, whereas differences …
Persistent link: https://www.econbiz.de/10013139153
The doctrine of patent exhaustion implies that the authorized sale of patented goods “exhausts” the patent rights in the goods sold and precludes additional license fees from downstream buyers. Courts have considered absolute exhaustion, in which the patent owner forfeits all rights upon an...
Persistent link: https://www.econbiz.de/10012853728
The doctrine of "patent exhaustion" implies that the authorized sale of patented goods "exhausts" the patent rights in the goods sold and precludes additional license fees from downstream buyers. This paper offers the first formal economic model of domestic patent exhaustion that incorporates...
Persistent link: https://www.econbiz.de/10011718680