This paper reviews the recent empirical literature on international knowledge spillovers. I start by summarizing the theoretical models that have highlighted the potential importance of these spillovers. Then, drawing upon the older micro productivity research tradition, I lay out a simple...

This paper theoretically and empirically analyzes the effect of strengthening intellectual property rights in developing countries on the level and composition of industrial development. We develop a North-South product cycle model in which Northern innovation, Southern imitation, and FDI are...