This volume presents important analyses of international trade, technology transfer and the global economics of intellectual property rights through selected and key works of Keith E Maskus, spanning his long career. The book includes 17 chapters, ranging from theoretical modeling to empirical...

Price controls create opportunities for international arbitrage. Many have argued that such arbitrage, if tolerated, will undermine intellectual property rights and dull the incentives for investment in research-intensive industries such as pharmaceuticals. We challenge this orthodox view and...