Intellectual Property Rights, Foreign Direct Investment and Industrial Development
构建了一个南北产品模型，内生决定南方模仿和南北FDI流动，发现加强南方知识产权保护会减少模仿但增加FDI，从而提升南方在全球生产中的份额和实际工资，并促进北方创新。
This paper develops a North-South product model in which Southern imitation and the North-South flow of foreign direct investment (FDI) are endogenously determined. In the model, a strengthening of IPR protection in the South reduces the rate of imitation, which, in turn, increases the flow of FDI. The increase in FDI more than offsets the decline in production undertaken by Southern imitators, so that the South’s share of goods produced by the global economy increases. Furthermore, real wages of Southern workers increase even though prices of goods produced by multinationals exceed those of Southern imitators. The preceding results hold when Northern innovation is endogenously determined; in addition, the rate of innovation increases with a strengthening of Southern IPR protection.