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|c 5.00 USD
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|z 9781451859607
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Xie, Danyang.
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|a To "B" or Not to "B" :
|b A Welfare Analysis of Breaking Up Monopolies in an Endogenous Growth Model /
|c Danyang Xie.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2000.
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|a 1 online resource (18 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This paper studies the welfare consequences of a government regulation that forces a patented equipment to be supplied by a number of independent producers. On the one hand, such a regulation hurts the value of a patent and therefore reduces activities in the R and D sector. On the other hand, the enhanced competition for the equipment improves efficiency in the manufacturing sector. Should monopolies protected by intellectual property rights be broken up? The answer is 'no' in a Romer-type growth model, but there is sufficient reason to believe that the answer could be 'yes' in a model advocated by Jones (1995).
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|a Mode of access: Internet
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|a Competition Policy
|2 imf
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|a Growth
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|a Production Function
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|a R and D
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|a WP
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|a United States
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|a IMF Working Papers; Working Paper ;
|v No. 2000/189
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2000/189/001.2000.issue-189-en.xml
|z IMF e-Library
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