Directed Technical Change, Wage Inequality and Economic Growth: An Analysis of Patent Protection Policy

• Main Authors: Tsai, Chun-Yen, 蔡鈞晏
• Other Authors: Lai, Ching-Chong
• Format: Others
• Language: zh-TW
• Published: 2019
• Online Access: http://ndltd.ncl.edu.tw/handle/35999d

碩士 === 國立政治大學 === 經濟學系 === 107 === This thesis sets up an R&D-based growth model featuring directed technical change and patent protection, and uses it to examine the relative effects of the relative technologies, wage inequality, and economic growth between one-size-fits-all patent protection and one-size-not-fit-all counterpart. Several main findings emerge from the analysis. First, the one-size-fits-all patent protection policy leads to neutral technical change between high-skilled and low-skilled R&D sectors, while the one-size-not-fit-all patent protection policy results in biased technical change toward the higher patent protection industry. Second, one-size-not-fit-all patent protection tends to raise wage inequality by way of two channels: the relative price effect and directed technical change effect. Third, because the one-size-fits-all patent protection policy makes the resource allocation more efficient, it exhibits a higher economic growth rate compared to one-size-not-fit-all patent protection policy.