U.S. Chamber: Strict IP enforcement would boost economy

But the Center's new study seems to run somewhat contrary to another report, released earlier this month by the Government Accountability Office.

That study also predicted that piracy, in particular, could harm the economy, but it found the "illicit nature of counterfeiting and piracy makes estimating the economic impact of IP infringements extremely difficult..."

"Three widely cited U.S. government estimates of economic losses resulting from counterfeiting cannot be substantiated due to the absence of underlying studies," the GAO clarified. "Each method (of measuring) has limitations, and most experts observed that it is difficult, if not impossible, to quantify the economy-wide impacts."