This paper aims to theoretically derive and afterwards econometrically assess the impact of intellectual property protection (IPP) on national economies. The authors' main hypothesis is that by creating a form of non-market protection, IPP limits free competition and has no positive effects on national economies and the world economy in general. The hypothesis is tested through estimation of relationship between charges for the use of intellectual property and 1) gross domestic product, 2) GDP growth, 3) unemployment, 4) exports of high-tech products, 5) FDI outflow, and 6) expenses on research and development in a panel dataset of 146 countries in years 2005-2014 based Arellano-Bond estimator for dynamic panel models. The data tells us that changes in these charges have not a significant impact on the studied indicators, which counts against claims of positive impact of IPP on economies and growth.

No abstract

In this paper we analyze the extent of the impact of FDI on the host economy according to theoretical predictions. Within a broader context of international trade flows, we focus on inter-industry interactions between a multinational enterprise (MNE) that enters the domestic market and other firms in the economy. We seek to determine if the MNE uses domestic suppliers of intermediate goods or if it purchases its supplies from abroad or from other MNEs entering the downstream sector. Our analysis covers both Western and Eastern European countries over the period 2001–2007. Our results show that FDI increases the demand for intermediary goods. However, domestic producers of these goods can benefit only partially from this positive shock, since they are at the same time crowded-out by MNEs entering the upstream sector as well as by importers.

Abstract:In this paper we provide a comprehensive analysis of the impact of the multinational enterprises (MNEs)

This article focuses on transparency and contract publication in public procurement. Our main objective is to identify statistical associations between situations when a resulting contract is not publicly available and the outcomes of the procurement, esp. efficiency. By merging multiple databases and web scraping, we have created a unique dataset covering nearly 14,000 public procurements in the Czech Republic during the period 2018-2020. This dataset and recent legislation enable us to run empirical tests of new hypotheses, as well as control for variables already established in the empirical literature, such as procurement type, regime and authority. The results of our quantitative econometric models show that for selected types of projects, the unavailability of the contract is associated with smaller price savings as well as with more frequent single bid outcomes. For all types of projects, we found that failure to publish project prices is positively associated with single bid outcomes.