The role of IPRs on prices, wages and growth in a two country directed technical change model

Óscar Afonso
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引用次数: 1

Abstract

Abstract We develop a two country, Innovator and Follower, directed technical change model between tradable and nontradable sectors. The Innovator performs innovative R&D. The Follower imitates, in a pre-trade context, and adopts, in a trade scenario, the available technological knowledge. We start by considering the pre-trade context and then we analyze the trade scenario. In both regimes – imitation and adoption – and in BGP, international IPRs protection, R&D productivity, scale-effects intensity and substitutability between sectors determine the stable and unique worldwide economic growth rate and the technological-knowledge bias, which, in turn, affects relative prices and wages. Depending on IPRs protection, imitation and adoption can either amplify or slow down the technological-knowledge bias and thus the real exchange rate, the wage inequality and the worldwide growth rate. For example, under technological-knowledge adoption with positive international IPRs protection and substitutability, wages tend to be higher in the Innovator, technological knowledge and intra-country wage inequality are biased towards the tradable sector, and the real exchange rate accommodates the Balassa-Samuelson proposal.
在两国导向的技术变革模型中,知识产权对价格、工资和增长的作用
摘要本文建立了一个两国,创新者和追随者,贸易部门和非贸易部门之间的定向技术变革模型。创新者进行创新研发。跟随者在交易前情境中模仿,在交易情境中采用可用的技术知识。我们首先考虑贸易前的环境,然后分析贸易情景。在这两种制度(模仿和采用)和BGP中,国际知识产权保护、研发生产率、规模效应强度和部门之间的可替代性决定了稳定和独特的全球经济增长率和技术知识偏见,而技术知识偏见反过来又影响相对价格和工资。依靠知识产权保护,模仿和采用可以放大或减缓技术知识偏差,从而放大实际汇率、工资不平等和全球增长率。例如,在采用具有积极国际知识产权保护和可替代性的技术知识的情况下,创新者的工资往往更高,技术知识和国内工资不平等倾向于可贸易部门,实际汇率适应巴拉萨-萨缪尔森建议。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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