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on Intellectual Property Rights |
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Issue of 2019‒02‒25
two papers chosen by Giovanni Ramello Università degli Studi del Piemonte Orientale “Amedeo Avogadro” |
| By: | Zhao, Bo (Federal Reserve Bank of Boston) |
| Abstract: | While state appropriations are the largest revenue source of the U.S. public university systems, they have declined significantly over the past several decades. Surprisingly, there is little empirical work on the effect of state appropriation cuts on the research productivity of public universities. Helping fill that gap, this paper is the first to examine the role that state appropriations play in public universities’ patent production. The results suggest that state appropriation cuts have a negative impact on the number of approved patent applications from public research universities. Lower state appropriations are shown to lead to a reduction in research expenditures, especially wages and salaries paid to research staff. |
| Keywords: | state appropriations; state funding cuts; higher education; public universities; patent applications |
| JEL: | H75 H77 I23 |
| Date: | 2018–07–01 |
| URL: | http://d.repec.org/n?u=RePEc:fip:fedbwp:19-2&r=all |
| By: | Thierry Mayer (Département d'économie); Keith Head (Sauder School of Business (Columbia University)) |
| Abstract: | Following the 2016 Leave vote in the referendum on UK membership in the EU and the election of Donald Trump, trade agreements have entered a period of great instability. To predict the impact of possible disruptions to existing arrangements requires counterfactual analysis that takes into account the complex set of factors influencing the production and marketing strategies of multinational corporations. We estimate a model of multinational decisionmaking in the car industry. This model predicts the production reallocation and consumer surplus consequences of changes in tariffs and non-tariff barriers induced by US-led protectionism, Brexit, Trans-Pacific and Trans-Atlantic integration agreements. |
| Date: | 2019 |
| URL: | http://d.repec.org/n?u=RePEc:spo:wpmain:info:hdl:2441/mlkvtnbqe9pg8nsvf612mcnbs&r=all |