Economic Growth
samad hekmati farid; Yosef Mohamad zadeh; Diman Khazali
Volume 6, Issue 22 , January 2016, , Pages 130-119
Abstract
The aim of this paper is investigating the effect of business regulations and intellectual property rights on economic performance. More precisely, we attempt to examine this issue for a sample of 46 middle and upper middle income countries over the period 2004-2013. We use the World Bank Doing Business ...
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The aim of this paper is investigating the effect of business regulations and intellectual property rights on economic performance. More precisely, we attempt to examine this issue for a sample of 46 middle and upper middle income countries over the period 2004-2013. We use the World Bank Doing Business indicators as measures of business regulations and panel data model is used for data analyses.
The results show that foreign direct investment, fixed capital formation, good governance (role of law and political stability), intellectual property rights and doing business (starting a business, dealing with construction permits, and getting credit) indexes have the positive and significant effect on economic growth in selected middle and upper middle income countries.