In Support of the TRIPS Agreement

• Main Authors: JAKOBSSON, Amanda, Segerstrom, Paul S.
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2012
• Subjects: Multinational Firms; North-South Trade; Intellectual Property Rights; Foreign Direct Investment; Product Cycles; Economic Growth; Economics; Intellectual Property Law; International Economics
• Online Access: https://ink.library.smu.edu.sg/soe_research/1573; https://ink.library.smu.edu.sg/context/soe_research/article/2572/viewcontent/JakobssonSegerstrom_2012.pdf
• Institution: Singapore Management University

This paper challenges the conventional wisdom that the TRIPs agreement is bad for developing countries. We present a dynamic general equilibrium model of North-South trade that allows us to study the implications of stronger intellectual property rights (IPR) protection and simultaneous trade libera...