Reworking the NAFTA: Departures from traditional frameworks
This paper reviews the treatment of intellectual property rights in the North American Free Trade Agreement and considers the welfare-theoretic bases for innovation transfer between member and nonmember states. Specifically, we consider the effects of new technology development from within the union...
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| Format: | Journal Article |
| Language: | Inglés |
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Wiley
2001
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| Online Access: | https://hdl.handle.net/10568/32866 |
| _version_ | 1855527306017112064 |
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| author | Holloway, G.J. |
| author_browse | Holloway, G.J. |
| author_facet | Holloway, G.J. |
| author_sort | Holloway, G.J. |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | This paper reviews the treatment of intellectual property rights in the North American Free Trade Agreement and considers the welfare-theoretic bases for innovation transfer between member and nonmember states. Specifically, we consider the effects of new technology development from within the union and question whether it is efficient (in a welfare sense) to transfer that new technology to nonmember states. When the new technology contains stochastic components, the important issue of information exchange arises and we consider this question in a simple oligopoly model with Bayesian updating. In this context, it is natural to ask the optimal price at which such information should be transferred. Some simple, natural conjugate examples are used to motivate the key parameters upon which the answer is dependent. |
| format | Journal Article |
| id | CGSpace32866 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2001 |
| publishDateRange | 2001 |
| publishDateSort | 2001 |
| publisher | Wiley |
| publisherStr | Wiley |
| record_format | dspace |
| spelling | CGSpace328662023-12-27T19:40:24Z Reworking the NAFTA: Departures from traditional frameworks Holloway, G.J. north america trade diffusion of information economic unions ownership legal rights international trade technology transfer trade agreements welfare economics This paper reviews the treatment of intellectual property rights in the North American Free Trade Agreement and considers the welfare-theoretic bases for innovation transfer between member and nonmember states. Specifically, we consider the effects of new technology development from within the union and question whether it is efficient (in a welfare sense) to transfer that new technology to nonmember states. When the new technology contains stochastic components, the important issue of information exchange arises and we consider this question in a simple oligopoly model with Bayesian updating. In this context, it is natural to ask the optimal price at which such information should be transferred. Some simple, natural conjugate examples are used to motivate the key parameters upon which the answer is dependent. 2001-12 2013-07-03T05:25:39Z 2013-07-03T05:25:39Z Journal Article https://hdl.handle.net/10568/32866 en Limited Access Wiley Canadian Journal of Agricultural Economics;49(4): 633-651 |
| spellingShingle | north america trade diffusion of information economic unions ownership legal rights international trade technology transfer trade agreements welfare economics Holloway, G.J. Reworking the NAFTA: Departures from traditional frameworks |
| title | Reworking the NAFTA: Departures from traditional frameworks |
| title_full | Reworking the NAFTA: Departures from traditional frameworks |
| title_fullStr | Reworking the NAFTA: Departures from traditional frameworks |
| title_full_unstemmed | Reworking the NAFTA: Departures from traditional frameworks |
| title_short | Reworking the NAFTA: Departures from traditional frameworks |
| title_sort | reworking the nafta departures from traditional frameworks |
| topic | north america trade diffusion of information economic unions ownership legal rights international trade technology transfer trade agreements welfare economics |
| url | https://hdl.handle.net/10568/32866 |
| work_keys_str_mv | AT hollowaygj reworkingthenaftadeparturesfromtraditionalframeworks |