Public Policy on Parallel Imports in Korea: The Welfare Effect for Consumers in the Korean Golf Market, and Policy Suggestions

dc.contributor.advisorIrvin, Renee A.
dc.contributor.authorJe, Young Kwang
dc.date.accessioned2016-01-29T20:44:56Z
dc.date.available2016-01-29T20:44:56Z
dc.date.issued2006
dc.description48 pagesen_US
dc.description.abstractPolicy on the parallel imports of medicines is being debated currently in Korea. This paper looks at several countries' trends, the Trade-Related Aspects of Intellectual Property Rights Agreement, and the Korean golf market to search for policy ideas. A simple consumer welfare benefit-cost and sensitivity analysis shows that parallel imports give not only consumers' surplus on parallel imported golf clubs, but also a much larger consumers' surplus on authorized brand versions.This paper makes the following recommendations: First, parallel imports should be permitted according to the principle of free trade, if the cost of parallel imports to the country is not much larger than the benefit. Second, even if parallel impmts are pem1itted, some exceptional cases should be allowed where international exhaustion is problematic. Third, governmental intervention, a clear labeling system, for example, is required to protect consumers, and help consumers make rational choices.en_US
dc.description.versionNote: This digital copy was scanned from a personal copy, and contains some underlining and marginalia.
dc.identifier.urihttps://hdl.handle.net/1794/19628
dc.language.isoen_USen_US
dc.publisherUniversity of Oregonen_US
dc.rightsCreative Commons BY-NC-ND 4.0-USen_US
dc.subjectKorean marketen_US
dc.subjectParallel importsen_US
dc.subjectIntellectual property rightsen_US
dc.titlePublic Policy on Parallel Imports in Korea: The Welfare Effect for Consumers in the Korean Golf Market, and Policy Suggestionsen_US
dc.typeThesis / Dissertationen_US

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