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Patent law, TRIPS, and economic growth: evidence from China

Author

Listed:
  • Belton M. Fleisher
  • William H. McGuire
  • Adam N. Smith
  • Mi ZHOU

Abstract

We analyze the impact of intellectual property rights protection on factors contributing to China's economic growth. We use a difference-in-difference estimation procedure and hold constant the effects of Deng Xiaoping's South Trip and China's accession to World Trade Organization. The null hypothesis that the 1992 and 2002 patent laws, including China's adoption of Trade-Related Aspects of Intellectual Property Rights standards did not directly affect China's productivity, inward foreign direct investment, or domestic research and development activity is not rejected.

Suggested Citation

  • Belton M. Fleisher & William H. McGuire & Adam N. Smith & Mi ZHOU, 2013. "Patent law, TRIPS, and economic growth: evidence from China," Asia-Pacific Journal of Accounting & Economics, Taylor & Francis Journals, vol. 20(1), pages 4-19, March.
    • Handle: RePEc:taf:raaexx:v:20:y:2013:i:1:p:4-19
    DOI: 10.1080/16081625.2013.760435
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    References listed on IDEAS

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    1. G. M.P. Swann, 2009. "The Economics of Innovation," Books, Edward Elgar Publishing, number 13211.
    2. Keith E. Maskus, 2012. "Private Rights and Public Problems: The Global Economics of Intellectual Property in the 21st Century," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 5072, January.
    3. Yueh, Linda, 2009. "Patent laws and innovation in China," International Review of Law and Economics, Elsevier, vol. 29(4), pages 304-313, December.
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    Cited by:

    1. Paul Oldham & Stephen Hall & Oscar Forero, 2013. "Biological Diversity in the Patent System," PLOS ONE, Public Library of Science, vol. 8(11), pages 1-16, November.
    2. Jian Xu & Yongrong Cao, 2019. "Innovation, the Flying Geese Model, IPR Protection, and Sustainable Economic Development in China," Sustainability, MDPI, vol. 11(20), pages 1-27, October.

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