Cancelled Event: Ana Maria Santacreu

THIS EVENT HAS BEEN CANCELLED

The Moynihan Institute’s program for Trade, Development, and Political Economy presents a talk by Ana Maria Santacreu

Santacreu built a quantitative model that captures the relationships between cross-border patenting, globalization and development. Their theory delivers a ‘gravity’ equation for cross-border patents. To test the model’s predictions, they compiled a new dataset tracking patents within and between countries and industries for 1980-2019.

The econometric analysis revealed a strong, positive impact of policy and globalization on cross-border patent flows, especially from North to South. A counterfactual welfare analysis suggested that the increase in patent flows from North to South has benefited both regions, with the South gaining more than the North post-2000, thus lowering real income inequality in the world.

Ana Maria Santacreu is a research officer at the Federal Reserve Bank of Saint Louis. She holds a Ph.D. from New York University. Her areas of research are international trade, macroeconomics, economic growth and international finance.  She is also an associate editor at the European Economic Review and the Canadian Journal of Economics.