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quotas with protection occuring in response to import surges, but only for organized industries, is simulated and shown to …
Persistent link: https://www.econbiz.de/10011940728
This paper critically and selectively surveys the literature on protection for sale and discusses directions for future research in this area. It suggests that the standard approach needs to be augmented to provide more compelling tests of this model.
Persistent link: https://www.econbiz.de/10005688507
quotas with protection occuring in response to import surges, but only for organized industries, is simulated and shown to …
Persistent link: https://www.econbiz.de/10005653079
model provides the following prediction: In the quantile regression of the protection measure on the inverse import … penetration ratio divided by the import demand elasticity, its coefficient should be positive at the quantile close to one. We …
Persistent link: https://www.econbiz.de/10011940746
model provides the following prediction: In the quantile regression of the protection measure on the inverse import … penetration ratio divided by the import demand elasticity, its coefficient should be positive at the quantile close to one. We …
Persistent link: https://www.econbiz.de/10005688541
This chapter surveys research on the demand for protectionism as well as theoretical and empirical work on the (i) electoral mechanisms, the (ii) lobbying institutions, and the (iii) legislative bargaining that affect its supply. A recent trend is mutual feedbacks between commercial policy on...
Persistent link: https://www.econbiz.de/10014023458
Since firm heterogeneity has been introduced into international trade models, the importance of firm entry and exit (the extensive margin) has been highlighted. In fact, Chaney (2008) illustrates how accounting for this extensive margin and heterogenous firms alters the standard gravity...
Persistent link: https://www.econbiz.de/10009730375
This paper provides a rough test of a broad and prominent class of political economy of trade models and finds them wanting. The class features governments with weighted social welfare functions, including the prominent model of Grossman and Helpman. Whether the government is the single domestic...
Persistent link: https://www.econbiz.de/10014088526
Persistent link: https://www.econbiz.de/10003639983
This paper provides a rough test of a broad and prominent class of political economy of trade models and finds them wanting. The class features governments with weighted social welfare functions, including the prominent model of Grossman and Helpman. Whether the government is the single domestic...
Persistent link: https://www.econbiz.de/10011608734