<address id="9lbvd"></address>

<form id="9lbvd"></form>


            報告題目:Welfare Effects of Patent Protection in a Growth Model with R&Dand Capital Accumulation

            報 告 人:楊毅柏(澳門大學 助理教授)

            時      間:2018年1月19日(周五)下午 14:30-16:00

            地     點:嶺南堂汪道涵會議室

            語      言:中文 + 英文


            This study explores the welfare effects of patent protection in a Romer-type expanding variety model in which R&D and capital accumulation are both engines of growth. It shows that the comparison between the productivity of R&D and that of capital plays an important role in the welfare analysis. When the relative productivity of R&D compared to capital is high (low), social welfare takes an inverted-U shape for (is decreasing in) the strength of patent protection, and the welfare-maximizing degree of patent protection is no greater than (identical to) the growth-maximizing degree. Moreover, the model is calibrated to the US economy and the numerical results support these welfare implications.


            Copyright ? 2020 廣東中大管理咨詢集團股份有限公司 版權所有 MP Consulting Group. All Right Reserved 粵ICP備11084765號  粵公網安備 44010502001629號

            粵公網安備 44010502001629號