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 |
| Publication status | Published - 2016 |
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Keywords
- Economic growth
- Intellectual property rights
- OPEC
ASJC Scopus subject areas
- Business and International Management
- Finance
- Economics and Econometrics
- Strategy and Management
Cite this
The growth-IPRs nexus in OPEC member countries : An empirical investigation. / Al-Mawali, Nasser.
In: Investment Management and Financial Innovations, Vol. 13, No. 2, 2016, p. 92-98.Research output: Contribution to journal › Article
}
TY - JOUR
T1 - The growth-IPRs nexus in OPEC member countries
T2 - An empirical investigation
AU - Al-Mawali, Nasser
PY - 2016
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.
KW - Economic growth
KW - Intellectual property rights
KW - OPEC
UR - http://www.scopus.com/inward/record.url?scp=84978910702&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84978910702&partnerID=8YFLogxK
M3 - Article
VL - 13
SP - 92
EP - 98
JO - Investment Management and Financial Innovations
JF - Investment Management and Financial Innovations
SN - 1810-4967
IS - 2
ER -