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

Nasser Al-Mawali

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
Publication status	Published - 2016

Keywords

Economic growth
Intellectual property rights
OPEC

ASJC Scopus subject areas

Business and International Management
Finance
Economics and Econometrics
Strategy and Management

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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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author = "Nasser Al-Mawali",

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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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IS - 2

ER -

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

Abstract

Keywords

ASJC Scopus subject areas

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