Welfare Impacts of Cross-Country Spillovers in Agricultural Research

Posted: 29 Jan 2008

See all articles by Sergio H. Lence

Sergio H. Lence

Iowa State University - Department of Economics

Dermot J. Hayes

Iowa State University - Center for Agriculture and Rural Development (CARD)

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Abstract

The welfare implications of intellectual property protection (IPP) for private sector agricultural research are analyzed, focusing on the realistic cases where countries provide different IPP levels, technology spills over across countries, and the public sector is involved in research. A model is developed to determine who benefits from, and who should pay for, the associated research. The article contains some interesting results on the implications of a harmonization of IPP policies through multilateral agreements or via technology that allows research firms to prevent the copying of plants and animals that express traits that have emerged from their research.

Suggested Citation

Lence, Sergio H. and Hayes, Dermot James, Welfare Impacts of Cross-Country Spillovers in Agricultural Research. American Journal of Agricultural Economics, Vol. 90, No. 1, pp. 197-215, February 2008, Available at SSRN: https://ssrn.com/abstract=1087626 or http://dx.doi.org/10.1111/j.1467-8276.2007.01047.x

Sergio H. Lence (Contact Author)

Iowa State University - Department of Economics ( email )

260 Heady Hall
Ames, IA 50011
United States

Dermot James Hayes

Iowa State University - Center for Agriculture and Rural Development (CARD) ( email )

Ames, IA 50011
United States
515-294-6185 (Phone)

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