Would global patent protection be too weak without international coordination?∗

  title={Would global patent protection be too weak without international coordination?∗},
  author={Edwin Yan},
I extend the Grossman and Lai (2004) model to answer the question, “Would global patent protection be too weak without international coordination?” by introducing firmbiased government preferences and trade barriers in the model. I make use of the estimates of the firm-bias parameter from the political economy literature to proxy for the degree of governments’ firm-bias. Then I calculate the range of trade barriers that is sufficient to give rise to under-protection of patents in the global… CONTINUE READING


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