Innovation, intellectual property rights, imitation, income distribution

Joachim Stibora ()
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Joachim Stibora: Kingston University London

No 2003-8, Economics Discussion Papers from School of Economics, Kingston University London

Abstract: We employ a North-South endogenous growth model with two factors of production in which the North invents new pro ducts and the South imitates. We use this model to explore the impact of stronger IPRs on interregional as well as intraregional distribution of welfare. We find that the overall losses are smallest when the policy shock is implemented gradually. With regard to intraregional welfare effects, we show that tighter IPRs reduce the welfare of all individuals but that the welfare losses of laborers are smaller than those of capital owners.

Keywords: Innovation; Intellectual Property Rights; Imitation; Income Distribution (search for similar items in EconPapers)
JEL-codes: O30 (search for similar items in EconPapers)
Pages: 31 pages
Date: 2003-07-01
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Persistent link: https://EconPapers.repec.org/RePEc:ris:kngedp:2003_008

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