Trade,imitative ability and intellectual property rights |
| |
Authors: | Rod Falvey Neil Foster David Greenaway |
| |
Institution: | (1) School of Economics, University of Nottingham, University Park, Nottingham, NG7 2RD, UK;(2) Department of Economics, University of Vienna, Hohenstaufengasse 9, 1010 Vienna, Austria |
| |
Abstract: | Economic theory suggests some ambiguity concerning the effects of strengthening intellectual property rights (IPRs) on international
trade. Here we extend the empirical literature that attempts to resolve this ambiguity. We use panel data to estimate a gravity
equation for manufacturing exports, in aggregate and by industry, from five advanced countries to 69 developed and developing
countries over the period 1970–1999. In particular, we use threshold regression techniques to determine whether the impact
of IPR protection on trade depends upon the level of development, imitative ability and market size of the importing country.
We confirm the importance of the importers’ imitative ability, and also find some evidence of a role for market size in this
relationship. The individual industries present different patterns of thresholds and coefficients, with Total Manufacturing
closely reflecting that of Fabricated Metal Products. |
| |
Keywords: | |
本文献已被 SpringerLink 等数据库收录! |
|