TY - JOUR
T1 - Bilateral intra-industry trade flows and intellectual property rights protections
T2 - further evidence from the United Kingdom
AU - Hasim, Haslifah M.
AU - Al-Mawali, Nasser
AU - Das, Debojyoti
N1 - Publisher Copyright:
© 2017 Informa UK Limited, trading as Taylor & Francis Group.
PY - 2018/5/19
Y1 - 2018/5/19
N2 - This paper investigates the relationship between the United Kingdom's (hereafter referred as UK) bilateral intra-industry trade (IIT) and foreign intellectual property rights (IPRs) protections. The empirical investigation is based on pooled UK data and benefits from the theoretical distinction between horizontal and vertical IIT. It also estimates a gravity equation for international trade using both fixed and random effects models. We then extend the analysis by employing the GMM system for dynamic panel models. The principal findings suggest that the UK's IIT is stimulated when the level of a trading partner's IPRs and its imitative ability are considered jointly. However, when IPRs and imitation abilities are considered separately, their disparate effects are not an important factor in determining UK IIT flows.
AB - This paper investigates the relationship between the United Kingdom's (hereafter referred as UK) bilateral intra-industry trade (IIT) and foreign intellectual property rights (IPRs) protections. The empirical investigation is based on pooled UK data and benefits from the theoretical distinction between horizontal and vertical IIT. It also estimates a gravity equation for international trade using both fixed and random effects models. We then extend the analysis by employing the GMM system for dynamic panel models. The principal findings suggest that the UK's IIT is stimulated when the level of a trading partner's IPRs and its imitative ability are considered jointly. However, when IPRs and imitation abilities are considered separately, their disparate effects are not an important factor in determining UK IIT flows.
KW - Intra-industry trade
KW - intellectual property rights
KW - international trade
UR - http://www.scopus.com/inward/record.url?scp=85033363497&partnerID=8YFLogxK
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U2 - 10.1080/09638199.2017.1390594
DO - 10.1080/09638199.2017.1390594
M3 - Article
AN - SCOPUS:85033363497
SN - 0963-8199
VL - 27
SP - 431
EP - 442
JO - Journal of International Trade and Economic Development
JF - Journal of International Trade and Economic Development
IS - 4
ER -