Intellectual property rights, trade agreements, and international trade
Fecha
2019Autor
Campi, Mercedes
Dueñas, Marco
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Resumen
The global process of strengthening and harmonization of intellectual property rights (IPRs) systems has been
intensified in the last twenty five years by the signing of trade agreements (TAs) that include chapters with
intellectual property (IP) provisions and other trade-related issues. This paper provides a first exploration of
whether and how the signing of TAs with IP chapters influences bilateral trade flows for a balanced panel of 110
countries and the period 1995–2013. We address methodological issues related to the assessment of the effect of
TAs on bilateral trade. We use matching econometrics to evaluate the treatment of TAs with and without IP
chapters. In addition, we estimate the effects of TAs on bilateral trade in a more dynamic fashion using a panel
data approach based on the gravity model. Also, we perform our analysis for trade in low- and high-IP intensive
products. We found that both types of TAs increase bilateral trade but TAs with no IPRs chapters have a stronger
positive effect on trade. However, if we include lags to consider that TAs with IP chapters might need a longer
implementation time, the net expected increase on trade is similar for both types of TAs. We also found that the
effects depend on the development level of countries and on the IP intensity of products. We found a clear
positive effect for developed countries, but we do not observe important gains for developing countries in all
sectors and to all destinations derived from TAs with IP chapters. This raises the question of whether trade gains
can compensate the effort related with IP reforms.
Palabras clave
Intellectual property rights; Trade agreements; International trade; Matching econometrics; Gravity modelEnlace al recurso
https://doi.org/10.1016/j.respol.2018.09.011Colecciones
- Año 2019 [125]
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