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Saturday, May 26, 2018

Effects of Copyrights on Science

Barbara Biasi and Petra Moser at VoxEU:

Effects of copyrights on science: Summary Copyrights grant publishers exclusive rights to content for almost a century. In science, this can involve substantial social costs by limiting who can access existing research. This column uses a unique WWII-era programme in the US, which allowed US publishers to reprint exact copies of German-owned science books, to explore how copyrights affect follow-on science. This artificial removal of copyright barriers led to a 25% decline in prices, and a 67% increase in citations. These results suggest that restrictive copyright policies slow down the progress of science considerably.

    Posted by on Saturday, May 26, 2018 at 08:58 AM in Economics, Market Failure, Productivity, Regulation | Permalink  Comments (6)


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