Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
962632 | Journal of International Economics | 2012 | 12 Pages |
Abstract
⺠This paper analyzes the growth and welfare effects of opening to trade within a North-South framework. ⺠The model predicts intra-industry trade and specialization over different quality vintages. ⺠Opening to trade is beneficial for growth and welfare of both regions, but increases the North-South quality gap. ⺠Stronger IPR protection increases the gap and has a negative effect on the world growth and welfare.
Related Topics
Social Sciences and Humanities
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Economics and Econometrics
Authors
Teodora Borota,