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Protection for sale or surge protection?

Author: Susumu Imai; Hajime Katayama; Kala Krishna; National Bureau of Economic Research.
Publisher: Cambridge, Mass. : National Bureau of Economic Research, 2006.
Series: Working paper series (National Bureau of Economic Research), no. 12258.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
"This paper asks whether the results obtained from using the standard approach to testing the influential Grossman and Helpman "protection for sale (PFS)" 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  Read more...
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Details

Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Susumu Imai; Hajime Katayama; Kala Krishna; National Bureau of Economic Research.
OCLC Number: 69651499
Description: 1 online resource (1 volume).
Series Title: Working paper series (National Bureau of Economic Research), no. 12258.
Responsibility: Susumu Imai, Hajime Katayama, Kala Krishna.

Abstract:

"This paper asks whether the results obtained from using the standard approach to testing the influential Grossman and Helpman "protection for sale (PFS)" 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"--National Bureau of Economic Research web site.

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