IDEAS home Printed from https://ideas.repec.org/p/ags/aaea99/21525.html
   My bibliography  Save this paper

Intellectual Property Rights And Trade: Analysis Of Biological Products, Medicinals And Botanicals, And Pharmaceuticals

Author

Listed:
  • Smith, Pamela J.

Abstract

We examine the impact of intellectual property rights (IPRs) on US exports of biological, medicinal, botanical, and pharmaceutical products. We find that: (1) strong IPRs enhance monopoly power of US exports in countries with weak imitative abilities; and (2) strong IPRs expand markets for US exports in countries with strong imitative abilities.

Suggested Citation

  • Smith, Pamela J., 1999. "Intellectual Property Rights And Trade: Analysis Of Biological Products, Medicinals And Botanicals, And Pharmaceuticals," 1999 Annual meeting, August 8-11, Nashville, TN 21525, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea99:21525
    DOI: 10.22004/ag.econ.21525
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/21525/files/sp99sm03.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.22004/ag.econ.21525?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Diwan, Ishac & Rodrik, Dani, 1991. "Patents, appropriate technology, and North-South trade," Journal of International Economics, Elsevier, vol. 30(1-2), pages 27-47, February.
    2. Murray Fulton, 1997. "The Economics of Intellectual Property Rights: Discussion," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(5), pages 1592-1594.
    3. Brown, Drusilla K., 1991. "Tariffs and capacity utilization by monopolistically competitive firms," Journal of International Economics, Elsevier, vol. 30(3-4), pages 371-381, May.
    4. Bergstrand, Jeffrey H, 1985. "The Gravity Equation in International Trade: Some Microeconomic Foundations and Empirical Evidence," The Review of Economics and Statistics, MIT Press, vol. 67(3), pages 474-481, August.
    5. Smith, Pamela J., 1999. "Are weak patent rights a barrier to U.S. exports?," Journal of International Economics, Elsevier, vol. 48(1), pages 151-177, June.
    6. Flam, Harry & Helpman, Elhanan, 1987. "Industrial policy under monopolistic competition," Journal of International Economics, Elsevier, vol. 22(1-2), pages 79-102, February.
    7. Maskus, Keith E. & Penubarti, Mohan, 1995. "How trade-related are intellectual property rights?," Journal of International Economics, Elsevier, vol. 39(3-4), pages 227-248, November.
    8. Reinganum, Jennifer F, 1982. "A Dynamic Game of R and D: Patent Protection and Competitive Behavior," Econometrica, Econometric Society, vol. 50(3), pages 671-688, May.
    9. Jock Langford, 1997. "Intellectual Property Rights: Technology Transfer and Resource Implications," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(5), pages 1576-1583.
    10. Helpman, Elhanan, 1993. "Innovation, Imitation, and Intellectual Property Rights," Econometrica, Econometric Society, vol. 61(6), pages 1247-1280, November.
    11. Alan V. Deardorff, 2011. "Determinants of Bilateral Trade: Does Gravity Work in a Neoclassical World?," World Scientific Book Chapters, in: Robert M Stern (ed.), Comparative Advantage, Growth, And The Gains From Trade And Globalization A Festschrift in Honor of Alan V Deardorff, chapter 24, pages 267-293, World Scientific Publishing Co. Pte. Ltd..
    12. Ginarte, Juan C. & Park, Walter G., 1997. "Determinants of patent rights: A cross-national study," Research Policy, Elsevier, vol. 26(3), pages 283-301, October.
    13. Aoki, Reiko & Prusa, Thomas J., 1993. "International standards for intellectual property protection and R & D incentives," Journal of International Economics, Elsevier, vol. 35(3-4), pages 251-273, November.
    14. Keith Maskus, 1998. "The international regulation of intellectual property," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 134(2), pages 186-208, June.
    15. Bergstrand, Jeffrey H, 1989. "The Generalized Gravity Equation, Monopolistic Competition, and the Factor-Proportions Theory in International Trade," The Review of Economics and Statistics, MIT Press, vol. 71(1), pages 143-153, February.
    16. Edwin Mansfield, 1986. "Patents and Innovation: An Empirical Study," Management Science, INFORMS, vol. 32(2), pages 173-181, February.
    17. W. Lesser, 1997. "Assessing the Implications of Intellectual Property Rights on Plant and Animal Agriculture," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(5), pages 1584-1591.
    18. Taylor, M Scott, 1994. "TRIPs, Trade, and Growth," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 35(2), pages 361-381, May.
    19. M. Scott Taylor, 1993. "TRIPS, Trade, and Technology Transfer," Canadian Journal of Economics, Canadian Economics Association, vol. 26(3), pages 625-637, August.
    20. Anderson, James E, 1979. "A Theoretical Foundation for the Gravity Equation," American Economic Review, American Economic Association, vol. 69(1), pages 106-116, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Smith, Pamela J., 1999. "Are weak patent rights a barrier to U.S. exports?," Journal of International Economics, Elsevier, vol. 48(1), pages 151-177, June.
    2. Smith, Pamela J., 2001. "How do foreign patent rights affect U.S. exports, affiliate sales, and licenses?," Journal of International Economics, Elsevier, vol. 55(2), pages 411-439, December.
    3. Anja, Breitwieser & Neil, Foster, 2012. "Intellectual property rights, innovation and technology transfer: a survey," MPRA Paper 36094, University Library of Munich, Germany.
    4. Chih‐Hai Yang & Yi‐Ju Huang, 2009. "Do Intellectual Property Rights Matter To Taiwan'S Exports? A Dynamic Panel Approach," Pacific Economic Review, Wiley Blackwell, vol. 14(4), pages 555-578, October.
    5. Wen-Hsien Liu & Hui-Fang Liang, 2016. "Will Domestic Imitative Threats Influence High-Tech Imports? Evidence from Taiwan," Journal of Economics and Management, College of Business, Feng Chia University, Taiwan, vol. 12(1), pages 37-60, February.
    6. Maskus, Keith E. & Penubarti, Mohan, 1995. "How trade-related are intellectual property rights?," Journal of International Economics, Elsevier, vol. 39(3-4), pages 227-248, November.
    7. Awokuse, Titus O. & Yin, Hong, 2010. "Does Stronger Intellectual Property Rights Protection Induce More Bilateral Trade? Evidence from China's Imports," World Development, Elsevier, vol. 38(8), pages 1094-1104, August.
    8. Qiu, Larry D. & Lai, Edwin L. -C., 2004. "Protection of trade for innovation: the roles of Northern and Southern Tariffs," Japan and the World Economy, Elsevier, vol. 16(4), pages 449-470, December.
    9. Wonkyu Shin & Keun Lee & Walter G. Park, 2016. "When an Importer's Protection of IPR Interacts with an Exporter's Level of Technology: Comparing the Impacts on the Exports of the North and South," The World Economy, Wiley Blackwell, vol. 39(6), pages 772-802, June.
    10. Ivus, Olena, 2010. "Do stronger patent rights raise high-tech exports to the developing world?," Journal of International Economics, Elsevier, vol. 81(1), pages 38-47, May.
    11. Awokuse, Titus O. & Yin, Hong, 2010. "Intellectual property rights protection and the surge in FDI in China," Journal of Comparative Economics, Elsevier, vol. 38(2), pages 217-224, June.
    12. Minyu Zhou & Ian Sheldon & Jihyun Eum, 2018. "The role of intellectual property rights in seed technology transfer through trade: evidence from U.S. field crop seed exports," Agricultural Economics, International Association of Agricultural Economists, vol. 49(4), pages 423-434, July.
    13. Kamal Saggi, 2016. "Trade, Intellectual Property Rights, and the World Trade Organization," Vanderbilt University Department of Economics Working Papers 16-00014, Vanderbilt University Department of Economics.
    14. Lai, Edwin L. -C. & Qiu, Larry D., 2003. "The North's intellectual property rights standard for the South?," Journal of International Economics, Elsevier, vol. 59(1), pages 183-209, January.
    15. Yungho Weng & Chih-Hai Yang & Yi-Ju Huang, 2009. "Intellectual property rights and U.S. information goods exports: the role of imitation threat," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 33(2), pages 109-134, May.
    16. Mutti, John & Grubert, Harry, 2004. "Empirical asymmetries in foreign direct investment and taxation," Journal of International Economics, Elsevier, vol. 62(2), pages 337-358, March.
    17. Elif Bascavusoglu & Maria Pluvia Zuniga, 2005. "The effects of intellectual property protection on international knowledge contracting," Cahiers de la Maison des Sciences Economiques bla05009, Université Panthéon-Sorbonne (Paris 1).
    18. Auriol, Emmanuelle & Biancini, Sara & Paillacar, Rodrigo, 2023. "Intellectual property rights protection and trade: An empirical analysis," World Development, Elsevier, vol. 162(C).
    19. Gino A.Gancia, 2003. "Globalization, Divergence and Stagnation," Development Working Papers 174, Centro Studi Luca d'Agliano, University of Milano.
    20. Chen, Yongmin & Puttitanun, Thitima, 2005. "Intellectual property rights and innovation in developing countries," Journal of Development Economics, Elsevier, vol. 78(2), pages 474-493, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:aaea99:21525. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aaeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.