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Do Patent Rights Regimes Matter?

Author

Listed:
  • Catherine Y. Co

Abstract

The paper asks whether exports are affected by importers’ patent rights regimes using a gravity trade equation. US export data to 71 countries from 1970 to 1992 are used. A two‐way random‐effects panel indicates that patent rights regimes per se do not matter; they matter with importing countries’ imitative abilities. For a country with an “average” imitative ability, US R&D‐intensive exports increase by 4–9% for a unit increase in the patent rights index; a unit increase in the patent rights index leads to a drop in US non‐R&D‐intensive exports by about 8–11%.

Suggested Citation

  • Catherine Y. Co, 2004. "Do Patent Rights Regimes Matter?," Review of International Economics, Wiley Blackwell, vol. 12(3), pages 359-373, August.
    • Handle: RePEc:bla:reviec:v:12:y:2004:i:3:p:359-373
    DOI: 10.1111/j.1467-9396.2004.00455.x
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    References listed on IDEAS

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    1. Keith E. Maskus, 2000. "Intellectual Property Rights in the Global Economy," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 99, October.
    2. G. M. Grossman & K. Rogoff (ed.), 1995. "Handbook of International Economics," Handbook of International Economics, Elsevier, edition 1, volume 3, number 3.
    3. World Bank, 1998. "World Development Report 1998/1999," World Bank Publications - Books, The World Bank Group, number 5981, April.
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