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Globalization and Cultural Protection Policy
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TitleGlobalization and Cultural Protection Policy  
AuthorKu Xuanzhao and Luo Xiaoyi  
OrganizationKyushu University; Shenzhen University; 
Key WordsCultural Diversity; Cultural Product; Protection Policy; Endogenous Innovation 
AbstractA simple dynamic monopolistic competition model, which is based on the main assumption that today's consumers of cultural goods will be the producers of tomorrow's cultural goods, is built to figure out the likely effects of protection policy towards minor cultural goods in an era of globalization. Contrasting results are obtained. With continuing moderate protection policy, domestic creators in small countries can survive on their own eventually, eschewing protection from their governments. However, severe protection policies can be seen to halt the development of quality and correspondingly damage the domestic creators' ability to survive on their own.  
Serial NumberWP1292 
  • Institute of Economics, Chinese Academy of Social Sciences
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