Endogenous enforcement of intellectual property, North-South trade, and growth
While most countries have harmonized intellectual property rights (IPR) legislation, the dispute about the optimal level of IPR-enforcement remains. This paper develops an endogenous growth framework with two open economies satisfying the classical North-South assumptions to study (a) IPR-enforcement in a decentralized game and (b) the desired globally-harmonized IPR-enforcement of the two regions. The results are compared to the constrained-efficient enforcement level. Our main insights are: The regions' desired harmonized enforcement levels are higher than their equilibrium choices, however, the gap between the two shrinks with relative market size. While growth rates substiantially increase when IPR-enforcement is harmonized at the North's desired level, our numerical simulation suggests that the South may also benefit in terms of long-run welfare.
|Date of creation:||2011|
|Date of revision:|
|Contact details of provider:|| Postal: Marschnerstraße 31, 04109 Leipzig|
Web page: http://www.wifa.uni-leipzig.de/en/dekanat.html
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Andreas Schäfer & Maik T. Schneider, 2011.
"Endogenous Enforcement of Intellectual Property, North-South Trade, and Growth,"
CER-ETH Economics working paper series
11/150, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
- Schäfer, Andreas & Schneider, Maik T., 2015. "Endogenous Enforcement Of Intellectual Property, North–South Trade, And Growth," Macroeconomic Dynamics, Cambridge University Press, vol. 19(05), pages 1074-1115, July.
- Schäfer, Andreas & Schneider, Maik T., 2011. "Endogenous enforcement of intellectual property, North-South trade, and growth," Working Papers 96, University of Leipzig, Faculty of Economics and Management Science.
- Martin L. Weitzman, 1995.
Harvard Institute of Economic Research Working Papers
1722, Harvard - Institute of Economic Research.
- Belke, Ansgar & Schnabl, Gunther, 2010.
"Finanzkrise, globale Liquidität und makroökonomischer Exit,"
184, University of Duisburg-Essen, Institute of Business and Economic Studie (IBES).
- Belke, Ansgar & Schnabl, Gunther, 2010. "Finanzkrise, globale Liquidität und makroökonomischer Exit," Working Papers 92, University of Leipzig, Faculty of Economics and Management Science.
- Hans Gersbach, 2001.
"Competition of Politicians for Incentive Contracts and Elections,"
CESifo Working Paper Series
406, CESifo Group Munich.
- Hans Gersbach, 2004. "Competition of Politicians for Incentive Contracts and Elections," Public Choice, Springer, vol. 121(1), pages 157-177, October.
- Deardorff, Alan V, 1992. "Welfare Effects of Global Patent Protection," Economica, London School of Economics and Political Science, vol. 59(233), pages 35-51, February.
- Futagami, Koichi & Iwaisako, Tatsuro, 2007. "Dynamic analysis of patent policy in an endogenous growth model," Journal of Economic Theory, Elsevier, vol. 132(1), pages 306-334, January.
- McCalman, P., 1999.
"Reaping What You Sow: An Empirical Analysis of International Patent Harmonization,"
374, Australian National University - Department of Economics.
- McCalman, Phillip, 2001. "Reaping what you sow: an empirical analysis of international patent harmonization," Journal of International Economics, Elsevier, vol. 55(1), pages 161-186, October.
- McCalman, P., 1999. "Reaping What You Sow: An Empirical Analysis of International Patent Harmonization," ANU Working Papers in Economics and Econometrics 1999-374, Australian National University, College of Business and Economics, School of Economics.
- Dinopoulos, Elias & Segerstrom, Paul, 2006. "North-South Trade and Economic Growth," CEPR Discussion Papers 5887, C.E.P.R. Discussion Papers.
- Eicher, Theo & García-Peñalosa, Cecilia, 2008. "Endogenous strength of intellectual property rights: Implications for economic development and growth," European Economic Review, Elsevier, vol. 52(2), pages 237-258, February.
- Phillip McCalman, 2001. "National patents, innovation and international agreements," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 11(1), pages 1-14.
When requesting a correction, please mention this item's handle: RePEc:zbw:leiwps:96. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (ZBW - German National Library of Economics)
If references are entirely missing, you can add them using this form.