Intellectual Property and Product Market Competition Regulations in a Model with Two R&D Performing Sectors [WP]

dc.contributor.author
Jerbashian, Vahagn
dc.date.issued
2017-03-14T11:38:51Z
dc.date.issued
2017-03-14T11:38:51Z
dc.date.issued
2017
dc.identifier
https://hdl.handle.net/2445/108404
dc.description.abstract
I analyze the impact of intellectual property and product market competition regulations on innovation and long-run growth in an endogenous growth model with two R&D performing sectors. I show that strengthening intellectual property rights and competition in a sector increases its R&D investments. However, these policies adversely affect R&D investments of the other sector. The overall impact of such policies on economic growth is ambiguous because of this. I perform a numerical exercise in an attempt of resolving the ambiguity. This exercise suggests that strengthening intellectual property rights can increase economic growth, but higher competition has a very limited effect on growth.
dc.format
37 p.
dc.format
application/pdf
dc.language
eng
dc.publisher
Universitat de Barcelona. Facultat d'Economia i Empresa
dc.relation
Documents de treball (Facultat d'Economia i Empresa. Espai de Recerca en Economia), 2017, E17/358
dc.relation
[WP E-Eco17/358]
dc.rights
cc-by-nc-nd, (c) Jerbashian, 2017
dc.rights
http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.rights
info:eu-repo/semantics/openAccess
dc.source
UB Economics – Working Papers [ERE]
dc.subject
Indicadors tecnològics
dc.subject
Recerca industrial
dc.subject
Innovacions tecnològiques
dc.subject
Competència econòmica
dc.subject
Technology indicators
dc.subject
Industrial research
dc.subject
Technological innovations
dc.subject
Competition
dc.title
Intellectual Property and Product Market Competition Regulations in a Model with Two R&D Performing Sectors [WP]
dc.type
info:eu-repo/semantics/workingPaper


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