Publication in refereed journal
香港中文大学研究人员 ( 现职)
| 锺剑修教授 (经济学系) |
全文
| 数位物件识别号 (DOI) http://dx.doi.org/10.1016/j.jdeveco.2014.04.008 |
引用次数
Web of Sciencehttp://aims.cuhk.edu.hk/converis/portal/Publication/0WOS source URL
Scopushttp://aims.cuhk.edu.hk/converis/portal/Publication/0Scopus source URL
其它资讯
摘要There are two opposite views regarding whether stronger protection of intellectual property rights (IPRs) will benefit or hurt the South. We provide a unification using a model of directed innovations with identical but non-homothetic preferences. For the South, a major benefit of protecting IPRs is incentivizing innovations that better address its needs (the directed-innovation benefit), and a major cost is yielding monopoly rents to innovators (the monopoly-rent cost). When preferences are non-homothetic, the directed-innovation benefit decreases in South's income, because consumption baskets of the South become more similar to those of the North; while the monopoly-rent cost increases in the South's income, because higher income admits greater monopoly markups. The combined effect implies that the costs of IPRs protection tend to outweigh the benefits for mid-income countries, while the opposite is true for low-income ones. We discuss the policy implications of this observation. ? 2http://aims.cuhk.edu.hk/converis/portal/Publication/014 Elsevier B.V.
着者Chung K.-S., Lu C.-H.
期刊名称Journal of Development Economics
出版年份2http://aims.cuhk.edu.hk/converis/portal/Publication/014
月份1
日期1
卷号1http://aims.cuhk.edu.hk/converis/portal/Publication/09
出版社Elsevier BV
出版地Netherlands
页次229 - 239
国际标準期刊号http://aims.cuhk.edu.hk/converis/portal/Publication/03http://aims.cuhk.edu.hk/converis/portal/Publication/04-3878
电子国际标準期刊号1872-6http://aims.cuhk.edu.hk/converis/portal/Publication/089
语言英式英语
关键词Directed innovation, Income differences, IPRs protection, Non-homothetic preferences, TRIPS
