知识产权
拉丁美洲
发展中国家
经济
透视图(图形)
广义矩量法
估计
国际贸易
国际经济学
面板数据
计量经济学
政治学
经济增长
法学
管理
人工智能
计算机科学
作者
Marco Túlio Dinali Viglioni,Cristina Lélis Leal Calegário,Carlos Eduardo Stefaniak Aveline,Manuel Portugal Ferreira,Felipe Mendes Borini,Nádia Campos Pereira Bruhn
标识
DOI:10.1016/j.strueco.2023.09.001
摘要
Intellectual property rights (IPRs) have a significant impact on facilitating the economic endeavors of countries. Nevertheless, there exists notable disparity among studies concerning the implications of IPRs within developing countries. Therefore, this study examines how stronger IPRs affect economic activity and moderate two important knowledge channels, domestic and foreign innovation activity. Using a sample of 18 Latin American countries from 2007 to 2018, we employed the Driscoll-Kraay robust standard errors, two-stage least squares (2SLS), and Generalized Method of Moments (GMM) to examine the effects of IPRs. Results confirm an inverted U-shaped relationship between IPRs and economic activity. Hence, the majority of Latin countries continue to vary in the factors of production that suport robust IPRs. Conversely, robust IPRs effectively improve the relation between domestic innovation and economic activity. Similarly, this influence holds true for foreign innovation as well. Based on this evidence, the research suggests implementing an optimal IPR policy.
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