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Effects Of Foreign Intellectual Property Rights On U.S. Bilateral Exports Of Biotechnology Related Agricultural Inputs

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  • Wisniewski, Suzanne L.W.

Abstract

This paper examines the effect of foreign intellectual property right (IPR) systems and the policies that comprise them on U.S. exports of biotechnology related agricultural input industries. Policy components include the extent of patent coverage across industry sectors, enforcement mechanisms, provisions for loss of patent protection, memberships to other international patent agreements, and duration of patent protection. Extending the empirical and theoretical work of Smith (2002), this paper uses a gravity model to analyze how IPRs affect the market power and market expansion effects of exports to countries with differing abilities to imitate technology. The findings suggest that strengthening global IPRs grant a market power effect to U.S. exporters; strong IPRs reduce U.S. exports by awarding a temporary monopoly over the protected good. However, the analysis of the individual policy components of an IPR system reveal which components inhibit trade through market power effects and which components counterbalance it through market expansion effects, increasing the flow of trade and access to biotechnology related agricultural inputs.

Suggested Citation

  • Wisniewski, Suzanne L.W., 2003. "Effects Of Foreign Intellectual Property Rights On U.S. Bilateral Exports Of Biotechnology Related Agricultural Inputs," 2003 Annual meeting, July 27-30, Montreal, Canada 22222, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea03:22222
    DOI: 10.22004/ag.econ.22222
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    References listed on IDEAS

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    Cited by:

    1. Miller, Andrew D. & Langley, Suchada V. & Chambers, William, 2003. "Current Issues Affecting Trade And Trade Policy: An Annotated Literature Review," Working Papers 14606, International Agricultural Trade Research Consortium.

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