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

Vahagn Jerbashian

No 2017/358, UB School of Economics Working Papers from University of Barcelona School of Economics

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.

Keywords: Intellectual Property Regulation; Product Market Regulation; Two R&D Sectors; Endogenous Growth. (search for similar items in EconPapers)
JEL-codes: L16 L50 O31 O34 O41 (search for similar items in EconPapers)
Pages: 37 pages
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/2445/108404 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 read timeout (http://hdl.handle.net/2445/108404 [302 Found]--> https://diposit.ub.edu/dspace/handle/2445/108404)

Related works:
Journal Article: INTELLECTUAL PROPERTY AND PRODUCT MARKET COMPETITION REGULATIONS IN A MODEL WITH TWO R&D PERFORMING SECTORS (2021)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ewp:wpaper:358web

Access Statistics for this paper

More papers in UB School of Economics Working Papers from University of Barcelona School of Economics Av. Diagonal 690, 08034 Barcelona. Contact information at EDIRC.
Bibliographic data for series maintained by University of Barcelona School of Economics ().