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Market power in the global economy: the exhaustion and protection of intellectual property
(Vanderbilt University, 2011)
This paper analyzes economic linkages between the exhaustion and protection of intellectual property. We consider a North-South model, where a firm that enjoys monopoly status in the North by virtue of an intellectual ...
Strategic Competition and Optimal Parallel Import Policy
(Vanderbilt University, 2011)
This paper shows that parallel import policy can act as an instrument of strategic trade policy. We demonstrate this result in two-country international duopoly where a domestic monopolist competes with a rival firm in the ...
Equilibrium parallel import policies and international market structure
(Vanderbilt University, 2011)
In a North-South vertically differentiated duopoly, we derive equilibrium government policies towards parallel imports (PIs). By incorporating strategic interaction at the policy-setting stage and the product market, the ...
Pampered Bureaucracy and Trade Liberalization
(Vanderbilt University, 2010)
This paper shows how a nation's elite maintain ownership of their wealth by creating a `pampered bureaucracy.' The elite thus divert part of an otherwise entrepreneurial middle class from more productive manufacturing ...
Pampered Bureaucracy, Political Stability, and Trade Integration
(Vanderbilt University, 2011)
This paper shows how, under threat of revolution, a nation's elite are able to maintain political stability and hence ownership of their wealth by creating or expanding a `pampered bureaucracy.' The elite thus divert part ...