期刊論文

學年 113
學期 1
出版(發表)日期 2024-09-01
作品名稱 Patent protection, externalities, and income inequality
作品名稱(其他語言)
著者 Heng-Chuan Kao; Hsiao-Wen Hung
單位
出版者
著錄名稱、卷期、頁數 The Manchester School 92(5), p.466-493
摘要 This paper develops a Schumpeterian growth model with considering consumption and leisure externalities. The main purpose of this study is to investigate the effect of patent protection policy on growth and inequality, as well as the interaction between policy effect and externalities. According to the log form utility function specification, this means that the elasticity of intertemporal substitution is unity. The following are the key findings of this paper. Patent protection policy encourages innovation and increases employment in the R&D industry, which enhances economic growth while increasing income inequality. In regard to externalities, an increase in the degree of consumption (leisure) externalities results in a higher (lower) growth rate and more (smaller) income inequality. When consumption (leisure) externality is greater intensity, the growth effect of patent protection policy becomes stronger (weaker), while its influence on expanding income inequality lessens (enhances). Finally, both the Pareto optimal patent protection policy and the optimal patent policy under the maximization of social welfare positively correlate with consumption externalities, but negatively correlate with leisure externalities.
關鍵字 externalities; growth; inequality; patent
語言 en
ISSN 1463-6786; 1467-9957
期刊性質 國外
收錄於 SSCI EconLit CSSCI
產學合作
通訊作者
審稿制度
國別 GBR
公開徵稿
出版型式 ,電子版,紙本
相關連結

機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/125104 )