The growth-IPRs nexus in OPEC member countries: An empirical investigation

Nasser Al-Mawali

doi:10.21511/imfi.13(2).2016.10

The growth-IPRs nexus in OPEC member countries: An empirical investigation

Nasser Al-Mawali^*

^*Corresponding author for this work

Economics & Finance

Research output: Contribution to journal › Article › peer-review

Abstract

This study employs a parsimonious model of economic growth to investigate the impact of intellectual property rights (IPRs) protection on the economic growth of Organization of the Petroleum Exporting Countries (OPEC) member countries. The growth model is estimated in the context of the Hausman-Taylor estimation technique in an annualized panel data framework. The principal finding suggests that IPRs per se are not an important factor in explainingthe economic growth of OPEC member countries. However, the interaction between IPRs and trade has exerted a positive and significant impact on the economic growth of OPEC member countries.

Original language	English
Pages (from-to)	92-98
Number of pages	7
Journal	Investment Management and Financial Innovations
Volume	13
Issue number	2
DOIs	https://doi.org/10.21511/imfi.13(2).2016.10
Publication status	Published - 2016

Keywords

Economic growth
Intellectual property rights
OPEC

ASJC Scopus subject areas

Economics and Econometrics
Accounting
Business and International Management
Finance
Strategy and Management

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.21511/imfi.13(2).2016.10

Cite this

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title = "The growth-IPRs nexus in OPEC member countries: An empirical investigation",

abstract = "This study employs a parsimonious model of economic growth to investigate the impact of intellectual property rights (IPRs) protection on the economic growth of Organization of the Petroleum Exporting Countries (OPEC) member countries. The growth model is estimated in the context of the Hausman-Taylor estimation technique in an annualized panel data framework. The principal finding suggests that IPRs per se are not an important factor in explainingthe economic growth of OPEC member countries. However, the interaction between IPRs and trade has exerted a positive and significant impact on the economic growth of OPEC member countries.",

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Y1 - 2016

N2 - This study employs a parsimonious model of economic growth to investigate the impact of intellectual property rights (IPRs) protection on the economic growth of Organization of the Petroleum Exporting Countries (OPEC) member countries. The growth model is estimated in the context of the Hausman-Taylor estimation technique in an annualized panel data framework. The principal finding suggests that IPRs per se are not an important factor in explainingthe economic growth of OPEC member countries. However, the interaction between IPRs and trade has exerted a positive and significant impact on the economic growth of OPEC member countries.

AB - This study employs a parsimonious model of economic growth to investigate the impact of intellectual property rights (IPRs) protection on the economic growth of Organization of the Petroleum Exporting Countries (OPEC) member countries. The growth model is estimated in the context of the Hausman-Taylor estimation technique in an annualized panel data framework. The principal finding suggests that IPRs per se are not an important factor in explainingthe economic growth of OPEC member countries. However, the interaction between IPRs and trade has exerted a positive and significant impact on the economic growth of OPEC member countries.

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KW - Intellectual property rights

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JO - Investment Management and Financial Innovations

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The growth-IPRs nexus in OPEC member countries: An empirical investigation

Abstract

Keywords

ASJC Scopus subject areas

UN SDGs

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