IDEAS home Printed from https://ideas.repec.org/a/pid/journl/v58y2019i3p225-237.html

Intellectual Property Rights (IPRs) and Economic Growth in Pakistan

Author

Listed:
  • Pervez Zamurrad Janjua

    (Department of Economics, Princeton University, Islamabad)

  • Ghulam Samad

    (Pakistan Institute of Development Economics, Islamabad)

  • Nazakat Ullah

    (Research Associate/Freelancer)

Abstract

The strong protection of Intellectual Property Rights (IPRs) attract more investments and promote economic growth processes in developing countries. This study underlines the level of IPRs enforcement in Pakistan and consequently its implications for economic growth. The study confirms that enforcement at appropriate level of IPRs encourages economic growth in Pakistan. For data stationarity and long-run relationship between IPRs and economic growth Unit Root test and Johansen Cointegration tests are applied. The study uses Times Series data estimation techniques, namely Vector Error Correction Model (VECM) for a period of 1970– 2010. The study concludes with policy recommendations for economic growth in understanding the form and nature of IPRs enforcements in Pakistan.

Suggested Citation

  • Pervez Zamurrad Janjua & Ghulam Samad & Nazakat Ullah, 2019. "Intellectual Property Rights (IPRs) and Economic Growth in Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 58(3), pages 225-237.
    • Handle: RePEc:pid:journl:v:58:y:2019:i:3:p:225-237
    as

    Download full text from publisher

    File URL: http://www.pide.org.pk/pdf/PDR/2019/Volume3/225-237.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Romer, Paul M, 1986. "Increasing Returns and Long-run Growth," Journal of Political Economy, University of Chicago Press, vol. 94(5), pages 1002-1037, October.
    2. Pervez Zamurrad Janjua & Ghulam Samad, 2007. "Intellectual Property Rights and Economic Growth: The Case of Middle Income Developing Countries," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 46(4), pages 711-722.
    3. Rod Falvey & Neil Foster & David Greenaway, 2006. "Intellectual Property Rights and Economic Growth," Review of Development Economics, Wiley Blackwell, vol. 10(4), pages 700-719, November.
    4. Benhabib, Jess & Spiegel, Mark M., 1994. "The role of human capital in economic development evidence from aggregate cross-country data," Journal of Monetary Economics, Elsevier, vol. 34(2), pages 143-173, October.
    5. Mohammed Rafiquzzaman, 2002. "The impact of patent rights on international trade: evidence from Canada," Canadian Journal of Economics, Canadian Economics Association, vol. 35(2), pages 307-330, May.
    6. Kegang You & Seiichi Katayama, 2003. "Intellectual Property Rights Protection and Imitation - An empirical examination of Japanese FDI in China -," Discussion Paper Series 169, Research Institute for Economics & Business Administration, Kobe University, revised Mar 2005.
    7. Smarzynska Javorcik, Beata, 2004. "The composition of foreign direct investment and protection of intellectual property rights: Evidence from transition economies," European Economic Review, Elsevier, vol. 48(1), pages 39-62, February.
    8. Robert M. Solow, 1956. "A Contribution to the Theory of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 70(1), pages 65-94.
    9. Mohammed Rafiquzzaman, 2002. "The impact of patent rights on international trade: evidence from Canada," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 35(2), pages 307-330, May.
    10. Ginarte, Juan C. & Park, Walter G., 1997. "Determinants of patent rights: A cross-national study," Research Policy, Elsevier, vol. 26(3), pages 283-301, October.
    11. Kegang You & Seiichi Katayama, 2005. "Intellectual Property Rights Protection And Imitation: An Empirical Examination Of Japanese F.D.I. In China," Pacific Economic Review, Wiley Blackwell, vol. 10(4), pages 591-604, December.
    12. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Fan, Qingji & Kuper, Paul & Choi, Yun Hyeong & Choi, Seong-jin, 2021. "Does ICT development curb firms’ perceived corruption pressure? The contingent impact of institutional qualities and competitive conditions," Journal of Business Research, Elsevier, vol. 135(C), pages 496-507.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Pervez Zamurrad Janjua & Ghulam Samad, 2007. "Intellectual Property Rights and Economic Growth: The Case of Middle Income Developing Countries," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 46(4), pages 711-722.
    2. Sunil Kanwar, 2026. "Deciphering the Knowledge Engine: The Role of Education in Innovation," Working papers 362, Centre for Development Economics, Delhi School of Economics.
    3. Cem Ertur & Thiaw Kalidou, 2005. "Growth and Spatial Dependence - The Mankiw, Romer and Weil model revisited," ERSA conference papers ersa05p660, European Regional Science Association.
    4. Shaukat, Badiea & Zhu, Qigui & Khan, M. Ijaz, 2019. "Real interest rate and economic growth: A statistical exploration for transitory economies," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 534(C).
    5. Edgar Morgenroth, 2003. "What should Policy Makers Learn from Recent Advances in Growth Theory and New Economic Geography?," Papers WP150, Economic and Social Research Institute (ESRI).
    6. Kevin S. Nell & A.P. Thirlwall, 2017. "Why does the productivity of investment vary across countries?," PSL Quarterly Review, Economia civile, vol. 70(282), pages 213-245.
    7. Marion Payen & Patrick Rondé, 2020. "Culture, Institutions and Economic Growth," Working Papers of BETA 2020-18, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    8. Zhang, Xiaobei & Wang, Xiaojun, 2021. "Measures of human capital and the mechanics of economic growth," China Economic Review, Elsevier, vol. 68(C).
    9. Miller, Stephen M. & Upadhyay, Mukti P., 2000. "The effects of openness, trade orientation, and human capital on total factor productivity," Journal of Development Economics, Elsevier, vol. 63(2), pages 399-423, December.
    10. Neves, Pedro Cunha & Afonso, Oscar & Silva, Diana & Sochirca, Elena, 2021. "The link between intellectual property rights, innovation, and growth: A meta-analysis," Economic Modelling, Elsevier, vol. 97(C), pages 196-209.
    11. Ştefania-Cristina CUREA (NEAGU) & Anca-Teodora ŞERBAN-OPRESCU, 2015. "The role of education, lifelong learning and health of the population in support of economic growth," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(Special(I), pages 85-92.
    12. Gaetano Lisi & Maurizio Pugno, 2015. "A matching model of endogenous growth and underground firms," International Journal of Economic Theory, The International Society for Economic Theory, vol. 11(4), pages 347-369, December.
    13. Nagano, Mamoru, 2013. "Similarities and differences among cross-border M&A and greenfield FDI determinants: Evidence from Asia and Oceania," Emerging Markets Review, Elsevier, vol. 16(C), pages 100-118.
    14. Adriana Di Liberto, 2007. "Convergence and Divergence in Neoclassical Growth Models with Human Capital," Economia politica, Società editrice il Mulino, issue 2, pages 289-322.
    15. Simon, György, 2001. "Növekedési mechanizmus - növekedési modell [Growth mechanism - growth model]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(3), pages 185-202.
    16. Anca-Teodora ŞERBAN-OPRESCU (OPRESCU) & Ştefania-Cristina CUREA (NEAGU), 2015. "The impact of cultural and educational accumulations on entrepreneurial behaviour. Main issues encountered in theoretical approaches," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(1(602), S), pages 283-290, Spring.
    17. Elias Soukiazis & Túlio Cravo, 2008. "Human Capital and the Convergence Process Among Countries," Review of Development Economics, Wiley Blackwell, vol. 12(1), pages 124-142, February.
    18. Rod Falvey & Neil Foster & David Greenaway, 2009. "Trade, imitative ability and intellectual property rights," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 145(3), pages 373-404, October.
    19. Oyinlola, Mutiu A. & Adedeji, Abdulfatai A. & Onitekun, Olumide, 2021. "Human capital, innovation, and inclusive growth in sub-Saharan African Region," Economic Analysis and Policy, Elsevier, vol. 72(C), pages 609-625.
    20. de la Fuente, Angel, 1997. "The empirics of growth and convergence: A selective review," Journal of Economic Dynamics and Control, Elsevier, vol. 21(1), pages 23-73, January.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pid:journl:v:58:y:2019:i:3:p:225-237. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Khurram Iqbal (email available below). General contact details of provider: https://edirc.repec.org/data/pideipk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.