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Patent Rights Protection and High-Tech Exports: New Evidence from Taiwan

專利權保護與高科技產品出口:臺灣的新證據

摘要


An array of literature empirically examines the impact of patent rights (PRs) protection on international trade, but most studies employ the traditional gravity model to estimate and ignore firm-level behavior. Helpman, Melitz and Rubinstein (2008) propose a two-stage, non-linear least squares estimation procedure (the HMR model) to correct potential biases embodied in the gravity estimation of trade flows, which decomposes the impact on trade volumes of all trade resistance measures into their extensive and intensive margin components. Yet, Santos Silva and Tenreyro (2015) suggest that the HMR model is incorrectly specified and propose the Poisson pseudo maximum likelihood (PPML) methodology to solve heteroscedasticity. Utilizing the HMR model and the PPML method, this paper empirically investigates how differences in PRs protection may influence Taiwan's semiconductor exports to 119 destination countries from 1995 to 2010. Our results support the effectiveness of an importing country's patent harmonization in stimulating importation of high-tech goods from Taiwan.

關鍵字

patent rights high-tech semiconductor export HMR PPML

並列摘要


過去探討專利權保護與國際貿易間關係的實證研究大多使用傳統的引力模型,忽略廠商層級的效果。Helpman et al.(2008)提出一個兩階段、非線性最小平方估計法(HMR模型),修正引力模型的潛在偏誤問題,分析國家間專利權保護程度的差異對於廠商出口決策與出口數量之影響。然而,Santos Silva and Tenreyro(2015)認爲HMR模型仍存在估計偏差,故提出PPML方法來解決異質變異問題。本文運用HMR模型和PPML方法,探討1995至2010年間,臺灣與119個進口國的專利權保護程度差異對臺灣半導體產品出口之影響。實證結果顯示,當進口國專利權保護程度提升時,對臺灣高科技產品出口確實產生顯著正向的影響。

並列關鍵字

專利權 高科技 半導體 出口 HMR模型 PPML方法

參考文獻


Baller, S. 2007 “Trade Effects of Regional Standards Liberalization: A Heterogeneous Firms Approach,” World Bank Policy Research Working Paper No. 4124.
Bao, X. 2014 “How Do Technical Barriers to Trade Affect China’s Imports?” Review of Devel-opment Economics 18(2): 286–299.
Bao, X. and L. D. Qiu 2010 “Do Technical Barriers to Trade Promote or Restrict Trade? Evidence from China,” Asia-Pacific Journal of Accounting & Economics 17(3): 253–278.
Briggs, K. 2013 “Does Patent Harmonization Impact the Decision and Volume of High Technology Trade?” International Review of Economics and Finance 25(c): 35–51.
Cameron, A. C. and P. K. Trivedi 2005 Microeconometrics: Methods and Applications. New York: Cambridge University Press.

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