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Do the Intellectual Property Rights of Importers Matter for Promoting Australian Exports?
Author(s) -
Salim Ruhul,
Al Mawali Nasser,
Islam Amirul
Publication year - 2014
Publication title -
australian economic review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.308
H-Index - 29
eISSN - 1467-8462
pISSN - 0004-9018
DOI - 10.1111/1467-8462.12052
Subject(s) - intellectual property , nexus (standard) , imitation , context (archaeology) , international trade , panel data , gravity model of trade , bilateral trade , shadow (psychology) , international economics , empirical evidence , economics , business , developing country , political science , economic growth , geography , law , econometrics , engineering , psychology , china , social psychology , philosophy , archaeology , epistemology , embedded system , psychotherapist
This article provides the first empirical evidence on the effects of intellectual property rights (IPRs) and threat of imitation on Australia's export flows. Using data from all of Australia's trading partners over the period 1995–2010, an augmented gravity model is estimated in the context of an unbalanced panel. The empirical findings show that level of IPRs of importing countries and threat of imitation posed by the importing countries is both sensitive to Australian bilateral trade flows. These results therefore support the widely accepted positive nexus between the importance of IPRs and bilateral trade flows .