To "B" or Not to "B" : A Welfare Analysis of Breaking Up Monopolies in an Endogenous Growth Model /

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 e...

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Detaylı Bibliyografya
Yazar: Xie, Danyang
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2000.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 2000/189
Konular:
Online Erişim:Full text available on IMF
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100 1 |a Xie, Danyang. 
245 1 0 |a To "B" or Not to "B" :   |b A Welfare Analysis of Breaking Up Monopolies in an Endogenous Growth Model /  |c Danyang Xie. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2000. 
300 |a 1 online resource (18 pages) 
490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |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). 
538 |a Mode of access: Internet 
650 7 |a Competition Policy  |2 imf 
650 7 |a Growth  |2 imf 
650 7 |a Production Function  |2 imf 
650 7 |a R and D  |2 imf 
650 7 |a WP  |2 imf 
651 7 |a United States  |2 imf 
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