The private value of plant variety protection and the impact of exemption rules

Marc Baudry and Adrien Hervouet ()

Working Papers from Chaire Economie du climat

Abstract: Plant Breeders Rights (PBRs) are sui generis IPRs intended to promote plant variety creation. Two characteristics distinguish PBRs from patents: the research and the farmers’ exemptions. This article attempts to assess the impact of these exemption rules on the private value of PBRs. For this purpose, a microeconometric model of PBRs renewals is developed and estimated. This model extends previous models of patents renewals by allowing the use of PBRs-specific variables. It is argued that simple tests on the coefficients associated to key PBRs-specific variables can provide insights into the impact of the two exemption rules. Implementation to PBRs in France over the period 1973-2011 for six major crops suggests that neither the farmers’ exemption nor the research exemption have a clear cut effect on the private value of PBRs. We conclude that there is no evidence to argue in favor of a reform of PBRs.

Keywords: IPRs; Inventors'exemption; Farmers'exemption; Plant variety creation; Renewals. (search for similar items in EconPapers)
JEL-codes: C41 O34 Q16 (search for similar items in EconPapers)
Pages: 48 pages
Date: 2016
New Economics Papers: this item is included in nep-agr
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http://www.chaireeconomieduclimat.org/RePEc/cec/wp ... -Baudry-Hervouet.pdf First version, 2016 (application/pdf)

Related works:
Journal Article: The private value of plant variety protection and the impact of exemption rules (2017)
Working Paper: The private value of plant variety protection and the impact of exemption rules (2017)
Working Paper: The Private Value of Plant Variety Protection and the Impact of Exemption Rules (2016)
Working Paper: The Private Value of Plant Variety Protection and the Impact of Exemption Rules (2016)
Working Paper: The private value of plant variety protection and the impact of exemption rules (2015)
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