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Product development, imitation and economic growth: A note

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Author Info
Debasis Mondal
Manash Gupta

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Abstract

A dynamic North -- South general equilibrium model of international product cycle is presented in this paper. The qualitative effects of strengthening intellectual property rights (IPR) on the balanced growth rate of the world economy is studied in two alternative cases: (i) imitation is direct from North to South; (ii) multinationalization is the channel of product transfer.

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Publisher Info
Article provided by Taylor and Francis Journals in its journal Journal of International Trade & Economic Development.

Volume (Year): 15 (2006)
Issue (Month): 1 (March)
Pages: 27-48
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Handle: RePEc:taf:jitecd:v:15:y:2006:i:1:p:27-48

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Related research
Keywords: Product variety; imitation; intellectual property rights; steady-state growth; multinational; knowledge capital; weights;

References listed on IDEAS
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  1. Dollar, David, 1987. "Import Quotas and the Product Cycle," The Quarterly Journal of Economics, MIT Press, vol. 102(3), pages 615-32, August. [Downloadable!] (restricted)
  2. Krugman, Paul, 1979. "A Model of Innovation, Technology Transfer, and the World Distribution of Income," Journal of Political Economy, University of Chicago Press, vol. 87(2), pages 253-66, April. [Downloadable!] (restricted)
  3. Yang, Guifang & Maskus, Keith E., 2001. "Intellectual property rights, licensing, and innovation in an endogenous product-cycle model," Journal of International Economics, Elsevier, vol. 53(1), pages 169-187, February. [Downloadable!] (restricted)
  4. Grossman, Gene M & Helpman, Elhanan, 1991. "Endogenous Product Cycles," Economic Journal, Royal Economic Society, vol. 101(408), pages 1214-29, September. [Downloadable!] (restricted)
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  5. Amy Jocelyn Glass, 2004. "Outsourcing under Imperfect Protection of Intellectual Property," Review of International Economics, Blackwell Publishing, vol. 12(5), pages 867-884, November. [Downloadable!] (restricted)
  6. Glass, Amy Jocelyn & Saggi, Kamal, 2001. "Innovation and wage effects of international outsourcing," European Economic Review, Elsevier, vol. 45(1), pages 67-86, January. [Downloadable!] (restricted)
  7. Glass, Amy Jocelyn & Saggi, Kamal, 2002. "Intellectual property rights and foreign direct investment," Journal of International Economics, Elsevier, vol. 56(2), pages 387-410, March. [Downloadable!] (restricted)
  8. Arnold, Lutz G., 2002. "On the growth effects of North-South trade: the role of labor market flexibility," Journal of International Economics, Elsevier, vol. 58(2), pages 451-466, December. [Downloadable!] (restricted)
  9. Dollar, David, 1983. "Technological Innovation, Capital Mobility, and the Product Cycle in North-South Trade," Working Papers 83-31, C.V. Starr Center for Applied Economics, New York University. [Downloadable!]
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  10. Grossman, Gene M & Helpman, Elhanan, 1991. "Quality Ladders in the Theory of Growth," Review of Economic Studies, Blackwell Publishing, vol. 58(1), pages 43-61, January. [Downloadable!] (restricted)
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