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This paper studies the consequences of parallel import (PI) on process innovation of firms heterogeneous in their …. The impact of PI on innovation is determined by the degree of heterogeneity between firms and trade costs. Increasing … market, hence increases its innovation efforts. A tariff policy accompanied by opening borders to PI only increases welfare …
Persistent link: https://www.econbiz.de/10008467324
Productivity research is Canada has traditionally focused on narrow economic issues. In our view, it has given inadequate attention to the broader ramifications of productivity, both in terms of shedding light on the importance of productivity for the advancement of various aspects of social...
Persistent link: https://www.econbiz.de/10005518911
In this chapter, Richard Harris points out that a traditional view has been that there is an inherent conflict between economic efficiency and social equality, a view neatly summarized in the title of Okun's famous book, Equality and Efficiency: The Big Trade-off (1975). This view gained renewed...
Persistent link: https://www.econbiz.de/10005650204
In this paper we consider a model with two industrialised countries and immigrants that come from “the rest of the world”. The countries are distinguished on the basis of three parameters: population size, bias towards immigrants, and production complementarity between native population and...
Persistent link: https://www.econbiz.de/10005570317