Capital goods export to developing economies

Implication from exporter's level of technology and destination country's threat of imitation

Research output: Contribution to journalArticle

Abstract

This article estimates the trade effect of capital goods exports from 19 OECD into 57 developing and emerging economies trade partners for the period 1990 to 2010. The impact of capital goods exports from the OECD countries is assessed using panel gravity model analysis. We examine the possibility of market-power or market-expansion related to capital goods export into the trading partners hypothesized using the intellectual property right (IPR) index, level of exporters' technology and imitation threats in the destination country. Our empirical result shows some consistencies on the evidence of market-expansion effect towards capital goods exports which is directly observed from both exporters' level of technology and destination country's IPR protection level. Indirectly, a diminishing effect on market expansion is observed when conditioned on one interacting variable. We also predict a consistent market-power effect observed from threat of imitation over time.

Original languageEnglish
Pages (from-to)97-117
Number of pages21
JournalJurnal Ekonomi Malaysia
Volume51
Issue number2
Publication statusPublished - 1 Jan 2017

Fingerprint

Developing economies
Exporters
Threat
Imitation
Destination
Market expansion
Market power
Intellectual property rights protection
Emerging economies
Intellectual property rights
Empirical results
Gravity model
OECD countries

Keywords

  • Capital goods exports
  • Developing economies
  • Patent rights protection
  • Threat of imitation
  • Triadic patent

ASJC Scopus subject areas

  • Economics, Econometrics and Finance(all)

Cite this

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title = "Capital goods export to developing economies: Implication from exporter's level of technology and destination country's threat of imitation",
abstract = "This article estimates the trade effect of capital goods exports from 19 OECD into 57 developing and emerging economies trade partners for the period 1990 to 2010. The impact of capital goods exports from the OECD countries is assessed using panel gravity model analysis. We examine the possibility of market-power or market-expansion related to capital goods export into the trading partners hypothesized using the intellectual property right (IPR) index, level of exporters' technology and imitation threats in the destination country. Our empirical result shows some consistencies on the evidence of market-expansion effect towards capital goods exports which is directly observed from both exporters' level of technology and destination country's IPR protection level. Indirectly, a diminishing effect on market expansion is observed when conditioned on one interacting variable. We also predict a consistent market-power effect observed from threat of imitation over time.",
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T2 - Implication from exporter's level of technology and destination country's threat of imitation

AU - Asid, Rozilee

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AU - Md Nor, Abu Hassan Shaari

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N2 - This article estimates the trade effect of capital goods exports from 19 OECD into 57 developing and emerging economies trade partners for the period 1990 to 2010. The impact of capital goods exports from the OECD countries is assessed using panel gravity model analysis. We examine the possibility of market-power or market-expansion related to capital goods export into the trading partners hypothesized using the intellectual property right (IPR) index, level of exporters' technology and imitation threats in the destination country. Our empirical result shows some consistencies on the evidence of market-expansion effect towards capital goods exports which is directly observed from both exporters' level of technology and destination country's IPR protection level. Indirectly, a diminishing effect on market expansion is observed when conditioned on one interacting variable. We also predict a consistent market-power effect observed from threat of imitation over time.

AB - This article estimates the trade effect of capital goods exports from 19 OECD into 57 developing and emerging economies trade partners for the period 1990 to 2010. The impact of capital goods exports from the OECD countries is assessed using panel gravity model analysis. We examine the possibility of market-power or market-expansion related to capital goods export into the trading partners hypothesized using the intellectual property right (IPR) index, level of exporters' technology and imitation threats in the destination country. Our empirical result shows some consistencies on the evidence of market-expansion effect towards capital goods exports which is directly observed from both exporters' level of technology and destination country's IPR protection level. Indirectly, a diminishing effect on market expansion is observed when conditioned on one interacting variable. We also predict a consistent market-power effect observed from threat of imitation over time.

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