Effect of Intellectual Property Protection in Importing Countries onChina’s Export of High-Tech Products——An Analysis Based on Three Margins
LIU Jun-ting1, QU Li-na2, TONG Ji-ying2,3
1.Graduate School of Liaoning University, Shenyang 110036, China; 2.School of Economics, Liaoning University, Shenyang 110036, China; 3.Department of Economic Administration, Tangshan University, Tangshan 063000, China
Abstract:
Using the bilateral trade data of China’s high-tech products export to 31 trading partner countries(regions) between the years of 2002 and 2015, this paper refers to the decomposition method of Hummels and Klenow (2005) and decomposes the export of high-tech products into a ternary-margin framework, including extensive margin, quantity margin and price margin. Then the paper empirically analyzes the effect of intellectual property protection on the three margins of China’s high-tech products exports. The results show that strengthening the intellectual property protection in import countries has a positive impact on both the extensive margin and price margin, which is conducive to the diversity of China’s high-tech products exports and the rise of export price. However, it will reduce the quantity margin of China’s export of high-tech products, which will hinder the increase of export quantities. Therefore, China should improve the intellectual property protection system and enhance the capacity for independent innovation to promote the healthy and sustained growth of high-tech product exports
LIU Jun-ting, QU Li-na, TONG Ji-ying.Effect of Intellectual Property Protection in Importing Countries onChina’s Export of High-Tech Products——An Analysis Based on Three Margins[J] Economic Survey, 2018,V35(4): 65-71