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(1-19PM2:30)第460期岭南学术论坛(经济学系列Seminar)

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报告题目:Welfare Effects of Patent Protection in a Growth Model with R&Dand Capital Accumulation

报 告 人:杨毅柏(澳门大学 助理教授)

时      间:2018年1月19日(周五)下午 14:30-16:00

地     点:岭南堂汪道涵会议室

语      言:中文 + 英文

 

Abstract:

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.
 

 

报告人简介:/UploadFiles/xsbg/2018/1/201801081453352193.pdf

论文:/UploadFiles/xsbg/2018/1/201801081453460555.pdf

 

 

 

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