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This chapter surveys the literature on international trade and the protection of intellectual property rights (IPRs) in … the global economy. The discussion is organized around the major questions in the field. How does openness to trade affect … support the major arguments for and against the Agreement on Trade Related Aspects of Intellectual Property Rights (TRIPS …
Persistent link: https://www.econbiz.de/10014023447
We present a class of dynamic general-equilibrium models of education, innovation and technology transfer to explain …. Innovation and human-capital accumulation appear as in-line engines of scale-invariant endogenous growth. Industries evolve … according to stochastic processes of innovation, imitation and technology adaption in the global economy. …
Persistent link: https://www.econbiz.de/10011295685
-contained chapters. All chapters discuss different implications of the growing importance of trade in intermediate inputs. The first … chapter compares the impact of international trade in intermediate inputs (offshoring) on wage inequality in two distinct but … intellectual property rights and of offshoring costs on the rate of innovation and on the offshoring intensity. In chapter 4 I …
Persistent link: https://www.econbiz.de/10011742945
analyzes a model of North-South trade and endogenous growth through innovation and imitation that can predict the observed … both the innovation in the North and the imitational lag of the South. Opening to trade increases the growth rate and …Recent evidence on world trade patterns reveals North-South specialization across products of the same industries and …
Persistent link: https://www.econbiz.de/10003954544
the pharmaceutical industry. In this proposed theoretical and empirical work, innovation from the North, followed by … oligopolistic market induced by vertical innovation, tighter IPRs may hurt both economies; while in a monopolistic competition … market induced by horizontal innovation, tighter IPRs may benefit both economies as long as the degree of IPR protection is …
Persistent link: https://www.econbiz.de/10013082062
innovation incentives. In particular, we examine the following causal forces behind an increase in the extent of international … generates a lower relative wage and a faster rate of innovation, in addition to a greater extent of international outsourcing …
Persistent link: https://www.econbiz.de/10014204590
This paper develops a product cycle model with endogenous and costly innovation, imitation, and foreign direct … resource scarcity in the South back to the North and consequently contracts innovation …
Persistent link: https://www.econbiz.de/10014062629
We construct a tractable general equilibrium model of cumulative innovation and growth, in which new ideas strictly … knowledge spillovers implies that the decentralized equilibrium features an allocation of labor to R&D activity that is strictly … the rate of innovation, as well as a separate optimal required inventive step that maximizes welfare, with the former …
Persistent link: https://www.econbiz.de/10010189836
and a natural resource generate asymmetric trade. A resource-rich economy trades resource-based intermediates for final … relative wage, and experiences a positive (negative) growth effect that is exclusively due to trade …
Persistent link: https://www.econbiz.de/10013039158
We construct a tractable general equilibrium model of cumulative innovation and growth, in which new ideas strictly … knowledge spillovers implies that the decentralized equilibrium features an allocation of labor to R&D activity that is strictly … the rate of innovation, as well as a separate optimal required inventive step that maximizes welfare, with the former …
Persistent link: https://www.econbiz.de/10013075135