| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP3161 |
| DP3161 Hedonic House Prices Without Characteristics: The Case of New Multiunit Housing | |
| Olympia Bover; Pilar Velilla Lucini | |
| 发表日期 | 2002-01-18 |
| 出版年 | 2002 |
| 语种 | 英语 |
| 摘要 | This Paper is concerned with the interaction between trade policies and the protection of Intellectual Property Rights (IPRs). In particular, it investigates, within the framework of a general equilibrium model with endogenous growth, the welfare implications of an international agreement on one or both policy instruments. High tariffs and low patent protection both allow agents of an individual country to consume more respectively, through rent extraction redistributed by lump-sum transfers, and lower mark-up. Both high tariffs and low patent protection reduce the incentives for firms to do R&D, and, hence, growth. The main insight concerning optimal policies are first, that the two policy instruments are substitutes and second, that they are affected by the same Prisoner's Dilemma problem. As a consequence, an agreement in both policy instruments is needed to achieve any positive welfare gains, which supports the long standing claim of policy makers from developed countries that protection of IPRs should be included in multilateral trade agreements. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Trade policy Intellectual property rights Multilateral trade aggreements |
| URL | https://cepr.org/publications/dp3161 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532184 |
| 推荐引用方式 GB/T 7714 | Olympia Bover,Pilar Velilla Lucini. DP3161 Hedonic House Prices Without Characteristics: The Case of New Multiunit Housing. 2002. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
