Articlediamond2011

The Effects of Intellectual Property Rights Violations on Economic Growth

11 citations0/0 files storedModern Economy

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Abstract

This paper examines the relationship between intellectual property rights (IPRs) and the growth rate of per capita GDP during the period 1996-2006 in a sample 71 countries. Using software piracy data as a proxy for IPR violations, we find that countries with increasing rates of software piracy have lower growth rates. We also find that states with strong commitments to enact policies to protect intellectual property rights are able to achieve higher growth rates.

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References

1991Economic Growth in a Cross Section of Countries 1989Economic Growth in a Cross Section of Countries 2002Global Foreign Direct Investment Flows: The Role of Governance Infrastructure 2003Financial development, property rights and growth 2002The composition of foreign direct investment and protection of intellectual property rights: Evidence from transition economies 1998Investment, property rights and political instability: Theory and evidence 1999Contract-Intensive Money: Contract Enforcement, Property Rights, and Economic Performance 2002Intellectual property rights and foreign direct investment

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