Three essays on international trade

This dissertation contains three essays. In the first essay, we consider nontraded goods as an important impact on bilateral trade flows. A testable gravity equation is derived and a simple example is demonstrated. A sample of 1995 including 118 countries is examined. The results show that evidence...

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Bibliographic Details
Main Author Lin, Yih-ming
Format Dissertation
LanguageEnglish
Published ProQuest Dissertations & Theses 01.01.2005
Subjects
Arbitrage
Commodities
Consumers
Consumption
Costs
Datasets
Developing countries
Economic growth
Economic theory
Economics
Economies of scale
Equilibrium
Essays
Externality
Free trade
GDP
Global economy
Gross Domestic Product
Hypotheses
Infrastructure
Innovations
Intellectual Property
International trade
LDCs
Monopolistic competition
Per capita
Preferences
Ratios
Technological change
Terms of trade
Utility functions
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Summary:This dissertation contains three essays. In the first essay, we consider nontraded goods as an important impact on bilateral trade flows. A testable gravity equation is derived and a simple example is demonstrated. A sample of 1995 including 118 countries is examined. The results show that evidence from the data is consistent with the prediction of this model. In the second essay, we study a North/South model of intellectual property rights protection in which markets are not completely segmented and investigate how arbitrage affects IPRs protection. The results show that the North will not have an incentive to completely eliminate arbitrage after patents expire in the South, even when enforcement is costless. The results also show that, if the demand function is linear, there exists a pure-strategy Nash equilibrium. Furthermore, we demonstrate that the uniform universal standard for IPRs protection will never achieve global Pareto efficiency when the markets are not perfectly segmented. In the third essay, we propose a two-country model of parallel trade with innovation. This model tries to explain why some countries, such as the U.S., do not allow parallel trade and some, such as Japan, do. We find that the welfare effects of parallel trade are related to the elasticity of innovation. If the elasticity of innovation is high, the welfare of the importing country could decrease.
Bibliography:SourceType-Dissertations & Theses-1
ObjectType-Dissertation/Thesis-1
content type line 12
ISBN:9780549544265
0549544267