The impact of business regulatory reforms and Intellectual property rights on economic growth in middle high income countries

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 high 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 foregin direct investment, Fixed capital formation, Good Governance (Rule of law and political stability) indexes, 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 high income countries.