Biodiversity, intellectual property rights and north-south trade
AbstractIn this paper, we examine how biodiversity levels are affected by different regimes of trade-related intellectual property rights (IPRs) in a two-way trade framework where the North and South import and export to each other`s market. This approach incorporates domestic consumption (and hence consumer surplus) into the welfare maximization problem of the Southern government in a three-stage game under alternative IPR regimes. We find that for achieving a maximal level of biodiversity and socially optimal welfare in the South, the Southern government should protect farmers` rights. Further, we find that the Southern government has economic incentives to acknowledge international patents and protect biodiversity even in the absence of farmers''s rights.
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Bibliographic InfoArticle provided by AccessEcon in its journal Economics Bulletin.
Volume (Year): 29 (2009)
Issue (Month): 2 ()
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Find related papers by JEL classification:
- F2 - International Economics - - International Factor Movements and International Business
- Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
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