Traditional economists or Third worldists? The effect of intellectual property rights on economic growth in developing countries

Gökhan DEMIRTAŞ[1] - Atahan DEMIRKOL[2]

https://doi.org/10.53465/SJIR.1339-2751.2023.1.45-60

 

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.

Keywords: intellectual property rights, economic growth, Third World approaches to international law, panel data model

JEL: C33, O34, O47

Fulltext: PDF

Submitted: 12. 12. 2022 | Accepted: 13. 3. 2023 | Published 15. 3. 2023

 

To cite this article (APA style):

Demirtaş, G., & Demirkol, A. (2023). Traditional economists or Third worldists? The effect of intelectual property rights on economic growth in developing countries. Medzinárodné vzťahy – Slovak Journal of International Relations, 21(1), 45 – 60. https://doi.org/10.53465/SJIR.1339-2751.2023.1.45-60

 

Publisher: University of Economics in Bratislava

ISSN online: 1339-2751

 

[1] Gökhan Demirtaş, Department of Economics, Faculty of Economics and Administrative Sciences, Afyon Kocatepe University, Ahmet Necdet Sezer Kampüsü, Gazlıgöl Yolu, 03200 Afyonkarahisar, Türkiye, e-mail: . orcid idhttps://orcid.org/0000-0002-6757-5613

[2] Atahan Demirkol, Department of Political Science and Public Adminstration, Faculty of Economics and Administrative Sciences, Afyon Kocatepe University, Ahmet Necdet Sezer Kampüsü, Gazlıgöl Yolu, 03200 Afyonkarahisar, Türkiye, e-mail: . orcid idhttps://orcid.org/0000-0002-7185-5781

 

License:

Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.