• Medientyp: Bericht; E-Book
  • Titel: Intellectual property, tariffs, and international trade dynamics
  • Beteiligte: Mandelman, Federico S. [VerfasserIn]; Waddle, Andrea [VerfasserIn]
  • Erschienen: Atlanta, GA: Federal Reserve Bank of Atlanta, 2019
  • Sprache: Englisch
  • DOI: https://doi.org/10.29338/wp2019-10
  • Schlagwörter: F21 ; technology capital transfers ; F42 ; F41 ; F51 ; F13 ; intellectual property rights ; tariffs ; international trade
  • Entstehung:
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  • Beschreibung: The emergence of global value chains not only leads to a magnification of trade in intermediate inputs but also to an extensive technology diffusion among the different production units involved in arms-length relationships. In this context, the lack of enforcement of intellectual property rights has recently become a highly controversial subject of debate in the context of the China-U.S. trade negotiations. This paper analyzes the strategic interaction of tariff policies and the enforcement of intellectual property rights within a quantitative general equilibrium framework. Results indicate that, in principle, tariffs could be an effective deterrent for weak protections for intellectual property. Moreover, weakening enforcement may be a strong deterrent for raising tariffs. These results combined indicate that there is scope for international cooperation on these fronts.
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