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Research Article

Does global economic reform accentuate technological innovation? A comparative evidence around the world

ORCID Icon & ORCID Icon
Article: 2264371 | Received 15 Mar 2022, Accepted 18 Sep 2023, Published online: 30 Oct 2023

Figures & data

Figure 1. Trend analysis of the world economic freedom index. Source: author’s computation.

Figure 1. Trend analysis of the world economic freedom index. Source: author’s computation.

Figure 2. Trend analysis of the world economic freedom index according to regions. Source: author’s computation.

Figure 2. Trend analysis of the world economic freedom index according to regions. Source: author’s computation.

Table 1. Variable’s definition and descriptive statistics.

Table 2. Correlation coefficients.

Table 3. SYS–GMM estimator for the impact of economic reforms on trademark and patent innovation.

Table 4. Robustness: IV Quantile regression for the impact of economic reform on innovation.

Table 5. SYS–GMM estimates of the impact of economic reform on technological innovation (sub-sample).

Table 6. Mechanism: the SYS–GMM estimates of economic reforms on innovation through government effectiveness.

Table 7. Mechanism: the SYS–GMM estimates economic reforms on innovation through financial development.

Table 8. Mechanism: the SYS–GMM estimates of economic reforms on innovation through democracy.

Figure A1. Quantiles of patent applications. Source: Author’s computation.

Figure A1. Quantiles of patent applications. Source: Author’s computation.

Figure A2. Quantiles of trademark applications. Source: Author’s computation.

Figure A2. Quantiles of trademark applications. Source: Author’s computation.

Figure A3. Distribution of trademark applications. Source: Author’s computation.

Figure A3. Distribution of trademark applications. Source: Author’s computation.

Figure A4. Distribution of patent applications. Source: Author’s computation.

Figure A4. Distribution of patent applications. Source: Author’s computation.

Table A1. List of countries.