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advantage of the TRIPS-induced law change to empirically estimate the impact of patent duration on innovation. I find evidence … for an increase in innovation due to patent term extension following TRIPS. Both patent counts and citation … innovate and access to innovation is an empirical question. It is a challenging one to answer, both because innovation is …
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The aim of this paper is to evaluate the welfare gains from financial integration for developing and emerging market economies. To do so, we build a stochastic endogenous growth model for a small open economy that can (i) borrow from the rest of the world, (ii) invest in foreign assets, and...
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