Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5067362 | European Economic Review | 2009 | 14 Pages |
Abstract
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.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Susumu Imai, Hajime Katayama, Kala Krishna,