Lai, Edwin L.-C.; Yan, Isabel K.M. - In: Journal of International Economics 89 (2013) 1, pp. 42-54
In the standard model with free trade and social-welfare-maximizing governments à la Grossman and Lai (2004), cross-border positive policy externalities result in countries choosing a combination of patent strengths that is weaker than optimal from a global perspective. This paper introduces...