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The Effects of Trade Agreements on Imports of Biologics: Evidence from Chile

Author

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  • Trachtenberg Danielle

    (Inter-American Development Bank, Integration and Trade Sector, Washington, DC, USA)

  • Kaplan Warren A.
  • Wirtz Veronika J.

    (Boston University School of Public Health, Department of Global Health, Boston, MA, USA)

  • Gallagher Kevin P.

    (Boston University, Global Development Policy Center, Boston, MA, USA)

Abstract

This paper develops new indicators that measure the strength of intellectual property rights (IPR) provisions in Chile’s free trade agreements (FTAs). We use these new indicators to examine the extent to which FTAs with strong IPR provisions impact the volume, unit value and overall value of imported biologic medicines into Chile. We find that FTAs with more stringent IPR provisions increase both the volume and the unit value of imported biologics, suggesting greater availability of imported biologics at a higher price. Further research, however, is necessary to determine whether the increases in volume and unit prices of imports lead to greater universal access to biologics or greater inequity in access to these medicines.

Suggested Citation

  • Trachtenberg Danielle & Kaplan Warren A. & Wirtz Veronika J. & Gallagher Kevin P., 2019. "The Effects of Trade Agreements on Imports of Biologics: Evidence from Chile," Journal of Globalization and Development, De Gruyter, vol. 10(2), pages 1-21, December.
    • Handle: RePEc:bpj:globdv:v:10:y:2019:i:2:p:21:n:2
    DOI: 10.1515/jgd-2019-0030
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    References listed on IDEAS

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