Arbeitspapier
Growth and welfare effects of intellectual property rights when consumers differ in income
This paper analyzes how changing the expected length of intellectual property (IP) protection affects economic growth and the welfare of rich and poor consumers. The analysis is based on a product-variety model with non-homothetic preferences and endogenous markups in which, in accordance with empirical evidence, rich households consume a larger variety of goods than poorer ones. The effects of IP protection on growth can be either positive or negative, depending on the distribution of income and wealth. Given that increasing the length of IP protection increases growth, poorer households prefer a shorter length of protection than richer ones.
- Language
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Englisch
- Bibliographic citation
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Series: Working Paper ; No. 221
- Classification
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Wirtschaft
Intellectual Property and Intellectual Capital
Innovation and Invention: Processes and Incentives
Industrial Organization and Macroeconomics: Industrial Structure and Structural Change; Industrial Price Indices
Distribution: General
Economic Development: Human Resources; Human Development; Income Distribution; Migration
- Subject
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intellectual property rights
income distribution
endogenous growth
nonhomothetic preferences
- Event
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Geistige Schöpfung
- (who)
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Kiedaisch, Christian
- Event
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Veröffentlichung
- (who)
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University of Zurich, Department of Economics
- (where)
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Zurich
- (when)
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2017
- DOI
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doi:10.5167/uzh-123532
- Handle
- Last update
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10.03.2025, 11:45 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Kiedaisch, Christian
- University of Zurich, Department of Economics
Time of origin
- 2017