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

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  • 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
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    References listed on IDEAS

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