Intellectual Property-Related Trade Preferential Trade Agreements and the Composition of Trade


Keith E. Maskus
20 Apr 2018 (Friday)
3:30 - 5:00 pm
Conference Room 5047 (5th floor, Lee Shau Kee Business Building, HKUST)

Eventbrite - Intellectual Property-Related Trade Preferential Trade Agreements and the Composition of Trade


We study how preferential trade agreements (PTAs) with complex chapters covering intellectual property rights (IPRs) affect the composition of trade. Despite the proliferation of PTAs with strong IPRs standards, their effects on the trade of member countries has not been studied. Our identification framework finds that such PTAs, where one partner is a major developed economy or region, have significant impacts. We control for the timing of PTAs relative to compliance with global IPRs rules. The results are broken down by income groups and trade in IP-sensitive sectors. We find that regulatory aspects of trade agreements have important cross-border impacts.

This research is conducted by Keith E. Maskus and William Ridley.

About the Speaker

Keith E. Maskus is an Arts and Sciences Professor of Distinction and Professor of Economics at the University of Colorado, Boulder, USA. He was Associate Dean for Social Sciences at CU Boulder from 2007-2013. He has been a Lead Economist in the Development Research Group at the World Bank. He is also a Research Fellow at the Peterson Institute for International Economics, a Fellow at the Kiel Institute for World Economics, and an Adjunct Professor at the University of Adelaide. He has been a visiting professor at the University of Adelaide and the University of Bocconi, and a visiting scholar at the CES-Ifo Institute at the University of Munich and the China Center for Economic Research at Peking University. He serves also as a consultant for the World Bank, the World Trade Organization, and the World Intellectual Property Organization. Maskus recently chaired a panel of the National Academy of Sciences on intellectual property management in standards-setting organizations. Maskus received his Ph.D. in economics from the University of Michigan in 1981 and has written extensively about various aspects of international trade. His current research focuses on the international economic aspects of protecting intellectual property rights. He is the author of Intellectual Property Rights in the Global Economy, published by the Institute for International Economics, and co-editor of International Public Goods and the Transfer of Technology under a Globalized Intellectual Property Regime, published by Cambridge University Press. He recently wrote a piece analyzing the need for reforms in U.S. patent policy, published by the Council on Foreign Relations. A new volume, Private Rights and Public Problems: The Global Economics of Intellectual Property in the 21st Century, was published in 2012 by the Peterson Institute for International Economics.

This academic seminar is jointly organized by HKUST IEMS and Department of Economics.

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