Cross-border Patenting, Globalization, and Development

Jesse LaBelle, Inmaculada Martínez-Zarzoso, Ana Maria Santacreu and Yoto Yotov

No 2023-031, Working Papers from Federal Reserve Bank of St. Louis

Abstract: We build a quantitative model that captures the relationships between cross-border patenting, globalization, and development. Our theory delivers a ‘structural gravity’ equation for cross-border patents. To test the model’s predictions, we compile a new dataset that tracks patents within and between countries and industries over time. The econometric analysis reveals a strong, positive impact of policy and globalization on cross-border patent flows between 1995 and 2018, especially from North to South. A counterfactual analysis shows these North-to-South flows benefited both regions, with larger gains in the South, especially after 2000, thus reducing global income inequality.

Keywords: cross-border patents; gravity; policy; globalization; development (search for similar items in EconPapers)
JEL-codes: F63 O14 O33 O34 (search for similar items in EconPapers)
Pages: 82 pages
Date: 2023-12, Revised 2024-06
New Economics Papers: this item is included in nep-his, nep-ifn, nep-ino, nep-int, nep-ipr, nep-tid and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://s3.amazonaws.com/real.stlouisfed.org/wp/2023/2023-031.pdf Full text (application/pdf)

Related works:
Working Paper: Cross-border Patenting, Globalization, and Development (2025)
Working Paper: Cross-Border Patenting, Globalization, and Development (2023)
Working Paper: Cross-border Patenting, Globalization, and Development (2023)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedlwp:97470

Ordering information: This working paper can be ordered from

DOI: 10.20955/wp.2023.031

Access Statistics for this paper

More papers in Working Papers from Federal Reserve Bank of St. Louis Contact information at EDIRC.
Bibliographic data for series maintained by Scott St. Louis ().