INTELLECTUAL PROPERTY RIGHTS AND TRADE: ANALYSIS OF BIOLOGICAL PRODUCTS, MEDICINALS AND BOTANICALS, AND PHARMACEUTICALS

Smith, Pamela J.

doi:10.22004/ag.econ.21525

INTELLECTUAL PROPERTY RIGHTS AND TRADE: ANALYSIS OF BIOLOGICAL PRODUCTS, MEDICINALS AND BOTANICALS, AND PHARMACEUTICALS

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.

Keywords:

Intellectual property rights ; Exports ; Biotechnologies ; Medicinals ; Botanicals ; Pharmaceuticals

Subject(s):

International Relations/Trade
Research and Development/Tech Change/Emerging Technologies

Issue Date:

1999

Publication Type:

Conference Paper/ Presentation

DOI and Other Identifiers:

10.22004/ag.econ.21525

Record Identifier:

https://ageconsearch.umn.edu/record/21525