The Role of Intellectual Property Rights Protection on Intra- Comesa Trade with A Specific Focus on Trademarks
The Role of Intellectual Property Rights Protection on Intra- Comesa Trade with A Specific Focus on Trademarks
Blog Article
This paper employs the Pseudo Poisson Maximum Likelihood estimation technique to investigate the impact of trademarks, as a proxy for Intellectual Property Rights (IPRs), on intra-Common Market for Eastern and Southern Africa (COMESA) trade using panel data from 2000 to 2022.While the study establishes significant aggregate-level market expansion effects of trademarks on imports within COMESA, it INOSITOL POWDER also reveals sector-specific variations.Specifically, the study confirms a positive correlation between trademark-related imports of plastics, pharmaceuticals, rubber, tobacco, paper, and footwear products, suggesting that stronger trademark enforcement could enhance market expansion in this sector.Conversely, a negative correlation between trademark-related imports of dairy and clothing products is exposed, indicating potential market power effects that might restrict intra-COMESA Pressure Washer Accessory trade.
These findings underscore the importance of tailored IPRs policies across sectors, advocating for strengthened trademark protection in sectors that are significant and positively affected, while suggesting a more lenient approach for promoting trade in negatively affected sectors within the COMESA region.