Essay on The Moral Components Of Piracy
In 2014, a study was conducted in Yaoundé, Cameroon, by the African Governance and Development Institute. The study was led by Dr. Simplice Asongu (2014) and was published in the peer-review journal Emerald Insight. In it, Dr, Asongu compared rates of piracy with economic metrics such as GDP, inflation, and trade in Africa. The study also examined the effects of piracy in relation to Intellectual Property Rights (IPRs) and how these factors influence income-redistribution (Asongu 2014).
The study employed a two-stage least square (2SLS) estimation technique to avoid inconsistency in calculation and estimation. 2SLS is useful in estimation because it allows for the computation of interdependent variables that affect each other in a model (Nagler 1999). The central finding of the study suggests that software piracy has a strong effect on income-redistribution, especially for the poor. Therefore, the study implies that IPRs deter income-redistribution and hinder economic equality.
The positive effects of piracy are not only restricted to…