What are the effects of the WTO's TRIPS Agreement on growth, welfare and income inequality? To analyze this question, we develop an open-economy R&D-driven endogenous-growth model with wealth heterogeneity. Under TRIPS, the North experiences higher growth and welfare at the expense of higher income inequality. As for the South, it experiences higher growth at the expense of lower welfare and higher income inequality. Also, there exists a critical degree for the domestic importance of foreign goods below which global welfare decreases under TRIPS. In light of our findings, we discuss policy implications on China’s accession to the WTO in 2001
We introduce firm and worker heterogeneity into a model of innovation-driven endogenous growth. Indi...
This paper constructs a North-South quality-ladder model in which foreign direct investment (FDI) is...
The three essays in this dissertation explore the links between a more open trade regime and growth....
What are the effects of the WTO's TRIPS Agreement on growth, welfare and income inequality? To analy...
What are the effects of strengthening developing countries' protection for intellectual property rig...
To analyze the effects of patent policy on growth and inequality, this paper develops a quality-ladd...
A two-country model of endogenous growth is employed to assess the importance of intellectual proper...
The paper discusses TRIPS as a protection measure on knowledge and new technologies through property...
The aim of this study is to better understand how globalization affects growth and inequality. In or...
Can a transfer of wealth from the US to least developed countries be Pareto improving? We analyze th...
This paper discusses the effect of income inequality on selection and aggregate productivity in a ge...
This article argues that the global intellectual property rights regime will affect the economic ...
In a world where poor countries provide weak protection for intellectual property rights, market int...
Could globalization--specifically, increased international trade and openness to foreign investment-...
Panel data on 54 developing countries between 1960 and 2000 are used to investigate how the impact o...
We introduce firm and worker heterogeneity into a model of innovation-driven endogenous growth. Indi...
This paper constructs a North-South quality-ladder model in which foreign direct investment (FDI) is...
The three essays in this dissertation explore the links between a more open trade regime and growth....
What are the effects of the WTO's TRIPS Agreement on growth, welfare and income inequality? To analy...
What are the effects of strengthening developing countries' protection for intellectual property rig...
To analyze the effects of patent policy on growth and inequality, this paper develops a quality-ladd...
A two-country model of endogenous growth is employed to assess the importance of intellectual proper...
The paper discusses TRIPS as a protection measure on knowledge and new technologies through property...
The aim of this study is to better understand how globalization affects growth and inequality. In or...
Can a transfer of wealth from the US to least developed countries be Pareto improving? We analyze th...
This paper discusses the effect of income inequality on selection and aggregate productivity in a ge...
This article argues that the global intellectual property rights regime will affect the economic ...
In a world where poor countries provide weak protection for intellectual property rights, market int...
Could globalization--specifically, increased international trade and openness to foreign investment-...
Panel data on 54 developing countries between 1960 and 2000 are used to investigate how the impact o...
We introduce firm and worker heterogeneity into a model of innovation-driven endogenous growth. Indi...
This paper constructs a North-South quality-ladder model in which foreign direct investment (FDI) is...
The three essays in this dissertation explore the links between a more open trade regime and growth....