Master's Culminating Experience
This paper tests whether stronger intellectual property protection is good for a country. It focuses on the overall effect of intellectual property protection on per capita economic growth. To measure the strength of intellectual property protection, I use the Ginarte-Park index. An education and an investment variable are also included in the models.
The models are based on simple linear regressions involving a cross-section of countries. The models consistently showed a negative correlation between intellectual property protection and per capita economic growth. Moreover, I tested to see if the effect is different in some countries than in others, based on an interaction with either education or investment levels. No conclusive interaction was found. Finally, I divided the sample into two sections, based on whether each country had a high or low level of intellectual property protection. The negative correlation between intellectual property protection and economic growth was weaker statistically for the group of countries with high intellectual-property protection levels.
Mahurin, A. J.
(2008). The Effect of Intellectual Property Protection on Economic Growth. .