Patent Policy Regulation and Public Health

24 Pages Posted: 8 Feb 2019

See all articles by Anna Rita Bennato

Anna Rita Bennato

Loughborough University - School of Business and Economics

Monica Giulietti

Loughborough University

Date Written: January 27, 2019

Abstract

This paper analyzes the impact of the Trade-Related Aspects of Intellectual Property Rights (TRIPS) agreement on social welfare, when the effects on public health are taken into account. In particular, we study how the new international patent policy affects social welfare through the availability of pharmaceutical products. Extending the model developed by Grossman and Lai (2004) on optimal patent protection, this paper examines the externality execrated by the intellectual property rights enforcement on our definition of public health.

Keywords: Intellectual Property Rights, Patent Law, Health

JEL Classification: F13, I10, O34

Suggested Citation

Bennato, Anna Rita and Giulietti, Monica, Patent Policy Regulation and Public Health (January 27, 2019). Available at SSRN: https://ssrn.com/abstract=3324234 or http://dx.doi.org/10.2139/ssrn.3324234

Anna Rita Bennato (Contact Author)

Loughborough University - School of Business and Economics ( email )

Epinal Way
Leics LE11 3TU
Leicestershire
United Kingdom

Monica Giulietti

Loughborough University ( email )

Ashby Road
Nottingham NG1 4BU
Great Britain

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