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| Impact of Pharmaceutical Patent Protection of TPP Members on the Export of China's Pharmaceutical Products |
| Lyu Suyu,Liu Xiaohuan |
| Business School of Hohai University,Nanjing 211100,China |
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Abstract In this paper,we adopt trade gravity equation and panel data of 1996—2014 to estimate the impact of pharmaceutical patent protection of TPP countries on the export of China's pharmaceutical products.Results show that the coefficient of TPP members' pharmaceutical patent protection level on China's pharmaceutics export is 0.4898,other five factors—economic development level,geographical distance,population size,a common language and adjacency have higher influence coefficient than the strength of pharmaceutical patent protection.Besides,whether signing FTA with China has a lower influence coefficient 0.3762.To promote the export of Chinese medicine,there should be substantial reduction of tariffs on pharmaceuticals in those FTA signed with China.Enhancing medical innovation capacities through technical cooperation,research and develop patent intensive medicines and expand the market share of Chinese traditional medicine are other suggestions.
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Received: 06 June 2016
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