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In a world where poor countries provide weak protection for intellectual property rights, market integration will systematically shift technical change in favor of rich nations. For this reason, free trade can increase international income differences. At the same time, integration with...
Persistent link: https://www.econbiz.de/10005178218
In a world where poor countries provide weak protection for intellectual property rights, market integration will systematically shift technical change in favor of rich nations. For this reason, free trade can increase international income differences. At the same time, integration with...
Persistent link: https://www.econbiz.de/10005207133
Infl ows of foreign knowledge are the key for developing countries to catch up with the world technology frontier. In this paper, I construct a simple tractable model to analyze (a) the incentives of foreign fi rms to bring their know-how to a developing country and (b) the incentives of...
Persistent link: https://www.econbiz.de/10011585842
Persistent link: https://www.econbiz.de/10008735736
This paper introduces competitive markets in the Grossman-Helpman [1991, ch. 3] increasing variety growth model. In this standard model of endogenous growth theory, competition has a negative incentive effect. Accordingly, a larger resource base is required to sustain long run growth. In an...
Persistent link: https://www.econbiz.de/10009744923
In a world where poor countries provide weak protection for intellectual property rights, market integration shifts technical change in favor of rich nations. Through this channel, free trade may amplify international income differences. At the same time, integration with countries where...
Persistent link: https://www.econbiz.de/10012735885
In this paper, we study the impact of standard-essential status for patents on production possibilities of the economy and long-term growth. As we show, the innovators' risk of losing the standard-setting game ex-ante attenuates the anticipation of a larger market share. Moreover, when the...
Persistent link: https://www.econbiz.de/10012835413
In a world where poor countries provide weak protection for intellectual property rights, market integration shifts technical change in favor of rich nations. Through this channel, free trade may amplify international income differences. At the same time, integration with countries where...
Persistent link: https://www.econbiz.de/10012729668
Many studies have suggested a positive and monotonic relationship between technological progress and wage income inequality since 1980s for industrialized economies. We examine this topic in the context of the Chinese economy where new generation technologies like automation, AI and...
Persistent link: https://www.econbiz.de/10014344456
In a world where poor countries provide weak protection for intellectual property rights, market integration will systematically shift technical change in favor of rich nations. For this reason, free trade can increase international income dierences. At the same time, integration with countries...
Persistent link: https://www.econbiz.de/10014074757