Game theory and numerical simulation are used to analyze government's role in regulating IPRs for agricultural biotechnology in a developing country. An imported variety brings productivity gains and a negative externality. The relative effectiveness of corrective taxes or subsidies depends upon whether there is full enforcement of the IPRs.
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Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2003 Annual meeting, July 27-30, Montreal, Canada with number
22121.
Length: Date of creation: 2003 Date of revision: Handle: RePEc:ags:aaea03:22121
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