Counterfeiting is a global problem of enormous magnitude. The paper considers the problems of measuring counterfeiting and provides evidence of the magnitude of the problem worldwide. Despite its obvious importance, relatively little attention has been paid either to the economics or management of counterfeiting. The present paper provides a conceptual framework of the private and social costs ...

An estimated 11.6% of the world cigarette market is illicit, representing more than 650 billion cigarettes a year and $40.5 billion in lost revenue. Illicit tobacco trade refers to any practice related to distributing, selling, or buying tobacco products that is prohibited by law, including tax evasion (sale of tobacco products without payment of applicable taxes), counterfeiting, disguising th...

Aim/Purpose – The study focuses on trade creation and diversion effect in the Economic Community of West African States (ECOWAS) regional agreement. It examines if ECOWAS agreement has brought about and/or before period ban certain items importation by Nigerian government as against terms 
 Methodology uses augmented gravity model. Estimations were carried out bilateral flows, within regio...

Intangible rights protect the products of human intelligence, such as copyrightable works, patented inventions, trademarks and trade secrets. The protection and the enforcement of IPR are crucial for the development of the industrial sector and its ability to compete in a...

Wine counterfeiting is not a new problem, however, the situation in China has been going worse even after Hong Kong manifested itself as a wine trading and distribution center with abolishing all taxes on wine in 2008. The most basic method, printing a fake label with a subtly misspelled brand name or a slightly different logo in hopes of fooling wine consumers, has been common to other luxury-...