Intellectual property, tariffs, and international trade dynamics

• 成果类型: Article; Proceedings Paper
• 署名作者: Mandelman, Federico S.; Waddle, Andrea
• 署名单位: Federal Reserve System - USA; Federal Reserve Bank - Atlanta; University of Richmond
• 刊物名称: JOURNAL OF MONETARY ECONOMICS
• ISSN/ISSBN: 0304-3932
• DOI: 10.1016/j.jmoneco.2019.10.013
• 发表日期: 2020
• 页码: 86-103
• 关键词: tariffs; Intellectual property rights; Technology capital transfers; international trade

摘要

The emergence of global value chains leads not only to a magnification of trade in intermediate inputs, but also to extensive technology diffusion. Moreover, the lack of enforcement of intellectual property rights has recently become a subject of debate in the context of China-US trade negotiations. In this paper, the interaction between tariffs and the enforcement of intellectual property rights is studied within a quantitative general equilibrium framework. Results indicate that tariffs could be an effective deterrent for weak protections for intellectual property and weakening enforcement of intellectual property rights may be a strong deterrent for raising tariffs. (C) 2019 Elsevier B.V. All rights reserved.