2009 Fiscal Year Final Research Report
Welfare analysis of patent length in a dynamic general equilibrium model
Project/Area Number |
20730138
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Research Category |
Grant-in-Aid for Young Scientists (B)
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Allocation Type | Single-year Grants |
Research Field |
Economic theory
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Research Institution | Ritsumeikan University |
Principal Investigator |
IWAISAKO Tatsuro Ritsumeikan University, 大学院・経済学研究科, 准教授 (40351316)
|
Project Period (FY) |
2008 – 2009
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Keywords | 特許政策 / 知的財産権保護 / 経済成長 / 動学的一般均衡 / 研究開発 / 技術革新 / 海外直接投資 / プロダクトサイクル |
Research Abstract |
The present study examines how strengthening protection of intellectual property rights (hereafter, IPR) including patents affects welfare in a dynamic general equilibrium model. The earlier study concluded that perfect protection of IPR maximizes welfare. In contrast with the result, the present study shows that introducing a small rate of imitation may improve welfare. The present study also examines how strengthening patent protection in a developing country affects welfare of consumers in the developing country in a two-country model that consists of a developed country and a developing country. As a result, it shows that strengthening patent protection in the developing country can raise welfare of consumers in the developing country.
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