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International Patent Protection and Trade: Transaction-Level Evidence

Gaétan de Rassenfosse, Marco Grazzi (), Daniele Moschella () and Gabriele Pellegrino ()

Working Papers from Chair of Innovation and IP Policy

Abstract: This paper investigates the extent to which international trade hinges on patents. We analyze the export and patenting activities of the universe of French exporting firms over the period 2002–2011. The noticeable feature of our study is that we observe export and patenting activities worldwide and at the product level. We exploit how heterogeneity of patent coverage across (and within) product-country relates to exports. We find a patent premium of at least 10 percent, which is mainly associated with a quantity effect. A modest price effect emerges in specific sectors, notably pharmaceuticals.

Keywords: export; international trade; patent; product (search for similar items in EconPapers)
JEL-codes: F14 O34 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2020-03
New Economics Papers: this item is included in nep-eur, nep-ino, nep-int, nep-ipr and nep-tid
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