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Intellectual Property Rights, Globalization and Growth

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  • Stryszowski, P.K.

    (Tilburg University, Center for Economic Research)

Abstract

I present a model that combines the key features of a Schumpeterian growth model without scale effects and a North - South model of trade.All open economies converge to parallel growth paths because of costly technological transfer.I study the e¤ects of intellectual property rights (IPR) regimes and trade policies on the growth rate, as well as on a given country's economic performance.The requirement that trade be balanced neutralizes all potential effects of the tariff policy on the world's growth rate, and on the performance of a single country.By contrast, an improvement of a given country's IPR regime is growth neutral but improves a country's position in the world's productivity rank.These findings are shown te be consistent with observedempirical relationships.

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Bibliographic Info

Paper provided by Tilburg University, Center for Economic Research in its series Discussion Paper with number 2006-76.

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Date of creation: 2006
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Handle: RePEc:dgr:kubcen:200676

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Web page: http://center.uvt.nl

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Keywords: Intellectual Property Rights; Economic growth; International Trade;

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Cited by:
  1. Borota, Teodora, 2010. "Innovation and Imitation in a Model of North-South TradeRecent evidence on world trade patterns reveals North-South specialization across," Working Paper Series 2010:6, Uppsala University, Department of Economics.
  2. Borota, Teodora, 2012. "Innovation and imitation in a model of North–South trade," Journal of International Economics, Elsevier, vol. 87(2), pages 365-376.

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