Essays on growth and globalisation

Parello, Carmelo Pierpaolo
(2008)

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Authors
  • Parello, Carmelo PierpaoloUCLouvain
    author
Supervisors
Boucekkine, Raouf
Abstract
This dissertation consists of four essays on growth and globalisation and identifies technological progress as the main engine of long-run economic growth. It can be divided into two parts. The first part (chapters 1 and 2) tries to provide two possible extensions to Schumpeterian growth literature by developing new possible applications of the standard Schumpeterian model of creative destruction. The second part (chapters 3 and 4) deals with the question of how IPR protection can affect either the process of economic development or the speed with which technology transfers from one country to another. Chapter 1 introduces random quality-jumps in a quality-ladder model without scale effects. The focus of the analysis is twofold. On the one hand, it aims at building a new, tractable analytical framework in which firms are heterogeneous in terms of sales and pricing decisions. On the other, it aims at studying the normative implications of stochastic quality-improvements. Chapter 2 studies the effect of labour market imperfections on growth and unemployment. It proposes a no-shirking model of innovation-based growth and creative destruction with the objective of providing theoretical insights into the long-run implications of labour market interventions. Chapter 3 addresses the question of IPR protection in the presence of industrial espionage. With respect to current literature, this study represents a breakthrough since it focuses on a particular aspect of intellectual theft that has been largely neglected by growth theorists. Finally, the last chapter examines the question of strengthening IPR protection in an integrated global economy with two countries. With respect to current literature on globalization, IPR protection and growth, this chapter introduces another production input, namely human capital, and examines how stronger IPR protection in the south affects the processes of R&D investment, technology transfer and skill accumulation.
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Citations

Parello, C. P. (2008). Essays on growth and globalisation. https://hdl.handle.net/2078.5/24069