Knowledge Capital, Product Differentiation and Market Structure: a Comparative Static CGE Analysis

Csilla Lakatos

No 331958, Conference papers from Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project

Abstract: This paper concerns the analysis of knowledge capital based product differentiation in a comparative static computable general equilibrium framework. Knowledge capital is measured as the value of copyrights, trademarks and patents and it is defined as the input in production that provides the basis for product differentiation. The first part of the paper describes the econometric estimation carried out in order to introduce knowledge capital in a computable general equilibrium framework. In the second part, we develop a ChamberlinHeckscher-Ohlin type computable general equilibrium framework with monopolistic competition that explores the impacts of endowment of knowledge capital on product differentiation and comparative advantage.

Keywords: Research Methods/Statistical Methods; Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers)
Pages: 26
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:ags:pugtwp:331958

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