Harmonisation of Intellectual Property Rights Across the Globe: Impact on India’s Pharmaceutical Exports

Supriya Bhandarkar () and Meenakshi Rajeev
Additional contact information
Supriya Bhandarkar: Institute for Social and Economic Change
Meenakshi Rajeev: Institute for Social and Economic Change

Chapter Chapter 17 in International Trade, Resource Mobility and Adjustments in a Changing World, 2024, pp 369-390 from Springer

Abstract: Abstract This paper examines the impact of signing the TRIPS agreement in 1995 on the export performance of India in one of the country's leading industries, viz., pharmaceuticals. The central question asked in this paper is how the transformation from a process to a product patent regime has affected the export performance of pharmaceuticals from India. The pharmaceutical industry makes an important case for study because India’s rise in this industry is due to the adoption of imitative technology using the advantage of its process patent regime in the pre-TRIPS era. More importantly, we enquire in what way the characteristics of the destination countries in terms of their adoption and enforcement of TRIPS regulation matter for India’s export to them. We use trade data from the World Integrated Trade Solution (WITS) database for the period 1990–2019 as a panel of 104 countries with diverse timelines of adherence to the TRIPS agreement. Our result, through the use of Pseudo Poisson Maximum Likelihood (PPML) estimator, reveals that contrary to expectations, the implementation and enforcement of TRIPS in developing countries have a positively significant impact on their exports from India.

Keywords: India; Pharmaceuticals; Intellectual property rights; TRIPS; Exports; C1; F1; L6; O34 (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-981-97-5652-0_17

Ordering information: This item can be ordered from
http://www.springer.com/9789819756520

DOI: 10.1007/978-981-97-5652-0_17

Access Statistics for this chapter

More chapters in Contributions to Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().