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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Main Author: Holloway, G.J.
Format: Journal Article
Language:Inglés
Published: Wiley 2001
Subjects:
Online Access:https://hdl.handle.net/10568/32866
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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.
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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