International strengthen of intellectual property rights, and financial markets development

Giuseppe Di Vita ()

Journal of Economics and Finance, 2016, vol. 40, issue 1, 60-67

Abstract: We study the effects of an international increase of the legal protection of Intellectual Property Rights (IPR), on technological progress and the development of financial market. In particular, we demonstrate that the international agreement on Trade-Related aspects of Intellectual Property Rights (TRIPs for short) promote, at the same time, technological progress and stock market capitalization. Copyright Springer Science+Business Media New York 2016

Keywords: Financial market development; Ginarte and Park Index; Intellectual property rights protection; Three stage last square; TRIPs agreement; F55; G38 (search for similar items in EconPapers)
Date: 2016
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DOI: 10.1007/s12197-014-9292-4

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