Showing 1 - 10 of 402
Recent empirical studies find vast industry differences in how patent protection influences innovation and growth. An … the more intricate reverse engineering are. Unlike similar step-by-step innovation models of economic growth, the model …
Persistent link: https://www.econbiz.de/10010270109
We estimate the relationship between productivity and trade for a panel of countries over the period 1980 to 2000 using … instrumental-variables estimation of a productivity equation. We note that some estimates of productivity gains attributed to trade … capture instead the roles of institutions and geography. The endogeneity of trade and institutional quality is accounted for …
Persistent link: https://www.econbiz.de/10010296034
in the number of varieties of intermediate goods leads to positive spillovers to the final goods sector. As a result … financial markets allow the backward linkages between foreign and domestic firms to turn into FDI spillovers. Our calibration …
Persistent link: https://www.econbiz.de/10010296040
The balance of payments can act as a constraint to the rate of growth of output, on putting a limit to the growth in the level of demand to which supply can adapt. This effect might be even stronger for regional economies, presumably more integrated among them. In this paper, we examine this...
Persistent link: https://www.econbiz.de/10011332294
We develop a structural framework that accounts for and decomposes the relationships between trade, physical capital … corresponding trade indexes, however, we also document some notable differences between them. A counterfactual experiment simulating … the effects of trade liberalization between Canada and the EU demonstrates the capabilities of our framework. …
Persistent link: https://www.econbiz.de/10011712584
This paper develops a three-stage model of innovation, fixed-fee licensing and production to evaluate the welfare … effects of compulsory licensing, taking into account both static (information sharing) and dynamic (innovation incentive …
Persistent link: https://www.econbiz.de/10010329312
This article analyzes the effects of intellectual property rights protection on innovation in a quality-ladder model in … monopoly innovator, we show that reducing IP protection can increase the average innovation rate by regularly destroying … innovation rate, however, increases in the strength of IP protection for most market structures. In each case, we derive the …
Persistent link: https://www.econbiz.de/10010329525
This paper finds that the shift from buying music as a physical product towards subscribing to music services implies a decrease of 85 percent in the price paid per song. We estimate that in 2019 the global quality adjusted value from streamed music was $76 billion compared to current revenues...
Persistent link: https://www.econbiz.de/10012291466
technological capabilities of Chinese companies. China s recent innovation policy provides substantial incentives for companies to … pursue technological upgrading and internationalization strategies. For our analysis, we extend models of New New Trade …
Persistent link: https://www.econbiz.de/10010310705
Keywords: endogenous growth theory, new economic geography, knowledge spillovers, total factor productivity, agglomeration …
Persistent link: https://www.econbiz.de/10011318996