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We apply the Berry, Levinsohn and Pakes (1995) market equilibrium model (BLP) to data from 30 brands of beers sold in 12 U.S. cities over 20 quarters (1988-92) to estimate the consumersÂ’ taste for beer characteristics (price, alcohol content, and calories) as well as for the cultural region of...
Persistent link: https://www.econbiz.de/10009445130
Some recent empirical studies, motivated by Grossman and Helpman's (1994) "protection for sale" model, suggest that very few factors (none of them labor-related) determine trade protection. This paper reexamines the roles that labor issues play in the determination of trade policy. We introduce...
Persistent link: https://www.econbiz.de/10009430173