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Papers by Ndubuisi O Gideon
How trade related is Intellectual property right (IPRs) protection? Extant studies examining the ... more How trade related is Intellectual property right (IPRs) protection? Extant studies examining the
relationship between domestic Intellectual Property Rights (IPRs) protection and trade focus
predominately on imports whilst neglecting exports. This paper focuses on the latter, further examining the effect of domestic IPRs on the margins of exports. Results from the study reveal That IPRs are trade-related and that it can be a tool for stimulating exports in both developed and developing countries. We also find that the level of IPRs in the exporting country matters
more to the exporter than the level of IPRs in the importing country. Examining the different
export margins, we obtain robust evidence suggesting that stronger IPRs in the exporter Country works largely along the extensive margin, with coefficients on the intensive margin
tending to be insignificant. We discuss the welfare and growth implications of these findings in
the conclusion
While the roles of the pharmaceutical industry remain pivotal to human welfare and longevity, the... more While the roles of the pharmaceutical industry remain pivotal to human welfare and longevity, the industry is characterized by huge Research and Development (R&D) cost of new drugs and enormous uncertainties on whether or not the drugs make it into the market. Corollary, originator companies involve in strategic behaviors to maximize profit. Recently, this has intensified due to the patent expiry of their blockbuster drugs which, accounts for a substantial part of their sales and profits. This paper analyses the impact of these strategic behaviors of pharmaceutical firms on innovation, price and social welfare.
An institutional design that both enhances and sustains cooperation among human species has long ... more An institutional design that both enhances and sustains cooperation among human species has long been a theoretical and empirical question in human related sciences, like Economics. Witt and Schwesinger (2013) making an allusion to the egalitarian society, argued that egalitarianism enhances cooperation. Relatively, this paper follows up this argument to find out if egalitarianism engenders cooperation. Following extensive analytical reviews and extensions of theoretical ideas in the literature, together with the persistent evolutionary changes in human and societal organization, the study found that although egalitarianism may enhance cooperation in a relatively small group, it is neither necessary nor sufficient for cooperation. Also, while it may not be thought of as an option in a large complex group, the design is not evolutionary stable given that it is unreceptive to human predisposition and the social construct of modern society. The study therefore suggests an institutional design- characterized of trust and complemented by prediction and sanction- that is not only necessary but also evolutionary stable in enhancing cooperation.
This paper draws extensively from the work of Cardenas (2000, 2001). It discusses the relative pu... more This paper draws extensively from the work of Cardenas (2000, 2001). It discusses the relative
publicness and social dilemmas associated with biodiversity and its preservation. Efforts are also
made to underscore some of the possible drivers of these social dilemmas. The study found that
Biodiversity markedly differs from neoclassical public good: it is a unique public good with
attributes of globalness, localness, and quasi-localness. Associated with these attributes in its
preservation is a twin dilemma- global and local- that are driven by copious factors, which go
beyond free riders problem. As a way forward, the paper argues for a policy mix in curtailing the
rate of Biodiversity loss
While Fiscal Policy seems to have lost its potency as a viable economic policy instrument, Moneta... more While Fiscal Policy seems to have lost its potency as a viable economic policy instrument, Monetary Policy seems to be the mainstay policy of directing modern economies. However, the channel, through which this is achieved has been a subject of debate in Economics. This paper extensively reviews the theoretical framework and selected literatures on interest rate channel of monetary policy transmission mechanisms (a channel that has won popular attention). The literatures reviewed shows that (i) there are other channels besides the interest rate channels and it is likely the case to see more than one channel operational in a country (ii) A likely precondition for interest rate channel is a strong financial system. (iii) Monetary Transmission Mechanisms is likely an evolutionary and regional specific phenomenon than a static and general phenomenon (iv) Above all else, the interest rate channel remains operational in the today’s world.
Drafts by Ndubuisi O Gideon
This paper evaluates the impact of effective IPRs protection on export quality using a factor-pro... more This paper evaluates the impact of effective IPRs protection on export quality using a factor-proportion model and a sample of 96 Developing countries and economies in transition between 1996-2011. I find that countries with more effective IPRs protection have comparative advantage in producing and exporting higher quality R&D intensive goods. This effect is however contingent on both a country's level of development and technological capability. The results are robust to batteries of sensitivity checks and alternative indicators of export quality including, export sophistication and complexity.
How trade related is Intellectual property right (IPRs) protection? Extant studies examining the ... more How trade related is Intellectual property right (IPRs) protection? Extant studies examining the
relationship between domestic Intellectual Property Rights (IPRs) protection and trade focus
predominately on imports whilst neglecting exports. This paper focuses on the latter, further examining the effect of domestic IPRs on the margins of exports. Results from the study reveal That IPRs are trade-related and that it can be a tool for stimulating exports in both developed and developing countries. We also find that the level of IPRs in the exporting country matters
more to the exporter than the level of IPRs in the importing country. Examining the different
export margins, we obtain robust evidence suggesting that stronger IPRs in the exporter Country works largely along the extensive margin, with coefficients on the intensive margin
tending to be insignificant. We discuss the welfare and growth implications of these findings in
the conclusion
While the roles of the pharmaceutical industry remain pivotal to human welfare and longevity, the... more While the roles of the pharmaceutical industry remain pivotal to human welfare and longevity, the industry is characterized by huge Research and Development (R&D) cost of new drugs and enormous uncertainties on whether or not the drugs make it into the market. Corollary, originator companies involve in strategic behaviors to maximize profit. Recently, this has intensified due to the patent expiry of their blockbuster drugs which, accounts for a substantial part of their sales and profits. This paper analyses the impact of these strategic behaviors of pharmaceutical firms on innovation, price and social welfare.
An institutional design that both enhances and sustains cooperation among human species has long ... more An institutional design that both enhances and sustains cooperation among human species has long been a theoretical and empirical question in human related sciences, like Economics. Witt and Schwesinger (2013) making an allusion to the egalitarian society, argued that egalitarianism enhances cooperation. Relatively, this paper follows up this argument to find out if egalitarianism engenders cooperation. Following extensive analytical reviews and extensions of theoretical ideas in the literature, together with the persistent evolutionary changes in human and societal organization, the study found that although egalitarianism may enhance cooperation in a relatively small group, it is neither necessary nor sufficient for cooperation. Also, while it may not be thought of as an option in a large complex group, the design is not evolutionary stable given that it is unreceptive to human predisposition and the social construct of modern society. The study therefore suggests an institutional design- characterized of trust and complemented by prediction and sanction- that is not only necessary but also evolutionary stable in enhancing cooperation.
This paper draws extensively from the work of Cardenas (2000, 2001). It discusses the relative pu... more This paper draws extensively from the work of Cardenas (2000, 2001). It discusses the relative
publicness and social dilemmas associated with biodiversity and its preservation. Efforts are also
made to underscore some of the possible drivers of these social dilemmas. The study found that
Biodiversity markedly differs from neoclassical public good: it is a unique public good with
attributes of globalness, localness, and quasi-localness. Associated with these attributes in its
preservation is a twin dilemma- global and local- that are driven by copious factors, which go
beyond free riders problem. As a way forward, the paper argues for a policy mix in curtailing the
rate of Biodiversity loss
While Fiscal Policy seems to have lost its potency as a viable economic policy instrument, Moneta... more While Fiscal Policy seems to have lost its potency as a viable economic policy instrument, Monetary Policy seems to be the mainstay policy of directing modern economies. However, the channel, through which this is achieved has been a subject of debate in Economics. This paper extensively reviews the theoretical framework and selected literatures on interest rate channel of monetary policy transmission mechanisms (a channel that has won popular attention). The literatures reviewed shows that (i) there are other channels besides the interest rate channels and it is likely the case to see more than one channel operational in a country (ii) A likely precondition for interest rate channel is a strong financial system. (iii) Monetary Transmission Mechanisms is likely an evolutionary and regional specific phenomenon than a static and general phenomenon (iv) Above all else, the interest rate channel remains operational in the today’s world.
This paper evaluates the impact of effective IPRs protection on export quality using a factor-pro... more This paper evaluates the impact of effective IPRs protection on export quality using a factor-proportion model and a sample of 96 Developing countries and economies in transition between 1996-2011. I find that countries with more effective IPRs protection have comparative advantage in producing and exporting higher quality R&D intensive goods. This effect is however contingent on both a country's level of development and technological capability. The results are robust to batteries of sensitivity checks and alternative indicators of export quality including, export sophistication and complexity.