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The Knowledge-based and Data-driven Economy : Quantifying the Impacts of Trade Agreements

Author: Dan Ciuriak
Publisher: Waterloo, ON, CA : Centre for International Governance Innovation, 2017.
Series: CIGI Papers, 156.
Edition/Format:   eBook : Document : English
Summary:
"Intellectual property (IP) and data constitute the essential capital stocks of the knowledge-based and data-driven economy. These intangible capital stocks are not, however, represented in the workhorse models used to assess the impact of international trade agreements. As a result, it is not possible -- using conventional tools -- to evaluate the impact of treaty obligations in respect of IP protection, e-commerce  Read more...
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Genre/Form: Electronic books
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Dan Ciuriak
OCLC Number: 1015958199
Description: 1 online resource (24 pages)
Contents: About the author --
About the Global Economy Program --
Acronyms and abbreviations --
Executive summary Introduction --
Trade agreements and the knowledge-based and data-driven economy --
Conclusions.
Series Title: CIGI Papers, 156.
Responsibility: Dan Ciuriak.
More information:

Abstract:

"Intellectual property (IP) and data constitute the essential capital stocks of the knowledge-based and data-driven economy. These intangible capital stocks are not, however, represented in the workhorse models used to assess the impact of international trade agreements. As a result, it is not possible -- using conventional tools -- to evaluate the impact of treaty obligations in respect of IP protection, e-commerce and data; foreign direct investment in the knowledge-based sectors; and competition. Canada has recently implemented the Canada-EU Comprehensive Economic and Trade Agreement, is engaged in renegotiating the North American Free Trade Agreement and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, and is in exploratory talks with China. The parties to these treaties dominate the knowledge-based and data-driven economy, yet none of these treaties/negotiations has been evaluated for its impact on Canada's knowledge-based and data-driven economy, nor is it possible to show the treaties' value in these areas of the twenty-first-century economy for the partner economies. This represents a serious gap in Canada's ability to form evidence-based trade policy and to negotiate effectively. These considerations establish a prima facie case for urgent development of a quantitative framework to assess Canadian trade policies affecting the knowledge-based and data-driven economy. This paper develops this argument." --

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