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Traditional Economists Or Third Worldists? The Effect Of Intellectual Property Rights On Economic Growth In Developing Countries

Author

Listed:
  • Gökhan Demirtaş

    (Afyon Kocatepe University)

  • Atahan Demirkol

    (Afyon Kocatepe University)

Abstract

This study investigates the effect of Intellectual Property Rights (IPRs) on economic growth in 76 developing countries using panel data analysis over the period of 2008-2019. IPRs and the economic growth relationship have been discussed in the empirical literature. On the other hand, Third World Approach to International Law (TWAIL) scholars promote the idea that international law is a hegemonic tool of developed countries, and IPRs may be subjected to their arguments due to the Trade-Related Aspects of Intellectual Property Agreements (TRIPs). Results provide that IPRs positively and significantly affect economic growth in developing countries, whereas there is no U-Shaped relationship between them. The study suggests that IPRs protection should be highlighted in developing countries to achieve greater economic growth, and approves the perspective of traditional economists’ approach over TWAILers.

Suggested Citation

  • Gökhan Demirtaş & Atahan Demirkol, 2023. "Traditional Economists Or Third Worldists? The Effect Of Intellectual Property Rights On Economic Growth In Developing Countries," Medzinarodne vztahy (Journal of International Relations), Ekonomická univerzita, Fakulta medzinárodných vzťahov, vol. 21(1), pages 45-60.
    • Handle: RePEc:brv:journl:v:21:y:2023:i:1:p:45-60
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    File URL: https://fmv.euba.sk/RePEc/brv/journl/MV2023-1.pdf
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    References listed on IDEAS

    as
    1. Gnutzmann-Mkrtchyan, Arevik & Lester, Simon, 2017. "Does Safeguards Need Saving? Lessons from the Ukraine–Passenger Cars Dispute," World Trade Review, Cambridge University Press, vol. 16(2), pages 227-251, April.
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    More about this item

    Keywords

    intellectual property rights; economic growth; Third World approaches to international law; panel data model;
    All these keywords.

    JEL classification:

    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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