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| Author: | Maskus, K. Penubarti, M. |
| Title: | How trade-related are intellectual property rights? |
| Journal: | Journal of International Economics
1995 : NOV, VOL. 39:3/4, p. 227-248 |
| Index terms: | PATENT LAW TRADE MARKS DEVELOPMENT |
| Language: | eng |
| Abstract: | There is little empirical evidence about whether differing international levels of patent protection influence trade flows. If a nation strengthens its patent laws it could experience higher or lower imports. The authors specify an empirical model in which deviations of bilateral sectoral imports from anticipated levels are related to income , trade barriers, and patent laws. Patent regulations in the importing country are corrected for endogeneity through the use of instrumental variables. The results of the final equations indicate that increasing patent protection has a positive impact on bilateral manufacturing imports in both small and large developing countries. |
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