Protection for sale or surge protection?
This paper asks whether the results obtained from using the standard approach to testing the influential Grossman and Helpman "protection for sale" model of political economy might arise from a simpler setting. A model of imports and quotas with protection occurring in response to import surges, but only for organized industries, is simulated and shown to provide parameter estimates consistent with the protection for sale framework. This suggests that the standard approach may be less of a test than previously thought.
Year of publication: |
2009
|
---|---|
Authors: | Imai, Susumu ; Katayama, Hajime ; Krishna, Kala |
Published in: |
European Economic Review. - Elsevier, ISSN 0014-2921. - Vol. 53.2009, 6, p. 675-688
|
Publisher: |
Elsevier |
Keywords: | Protection for sale Lobbying Political economy |
Saved in:
Online Resource
Saved in favorites
Similar items by person
-
Protection for Sale or Surge Protection?
Imai, Susumu, (2006)
-
A Quantile Based Test of Protection for Sale Model
Imai, Susumu, (2007)
-
Is Protection Really for Sale? A Survey and Directions for Future Research
Imai, Susumu, (2007)
- More ...