The Effect of Intellectual Property Rights on Agricultural Productivity
Mercedes Campi
No 2016-11, Documentos de trabajo del Instituto Interdisciplinario de Economía Política IIEP (UBA-CONICET) from Universidad de Buenos Aires, Facultad de Ciencias Económicas, Instituto Interdisciplinario de Economía Política IIEP (UBA-CONICET)
Abstract:
This paper explores how the strengthening of intellectual property (IP) protection affects agricultural productivity in a panel of countries for the period 1961-2010. Using an index of IP protection for plant varieties, we study the effect of stronger intellectual property rights (IPRs) on cereal yields and two different types of cereals: openpollinated (wheat) and hybrid (maize). We found that the strengthening of IPRs has a positive effect on productivity of cereals for high- and low-income countries. But, we found no significant effect for middle-income countries. We also found that becoming a member of the TRIPS negatively affects cereal yields. Finally, we found evidence of the existence of non-linearities in the effect of IPRs on agricultural yields, which confirms a threshold effect of IPRs that also varies for countries of different income level. The findings support the hypothesis that country specificities are important in determining the effect of IPRs and imply that there is no unique system that fits all.
Keywords: Intellectual Property Rights; Productivity; Agriculture; International Comparison (search for similar items in EconPapers)
JEL-codes: O10 O34 O50 Q19 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2016-08
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Journal Article: The effect of intellectual property rights on agricultural productivity (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:ake:iiepdt:201611
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