Protection for Sale or Surge Protection?

Susumu Imai, Hajime Katayama and Kala Krishna ()

No 12258, NBER Working Papers from National Bureau of Economic Research, Inc

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.

JEL-codes: B41 D72 F13 (search for similar items in EconPapers)
Date: 2006-05
New Economics Papers: this item is included in nep-int and nep-pol
Note: ITI
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Citations: View citations in EconPapers (9)

Published as Imai, Susumu & Katayama, Hajime & Krishna, Kala, 2009. "Protection for sale or surge protection?," European Economic Review, Elsevier, vol. 53(6), pages 675-688, August.

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Related works:
Journal Article: Protection for sale or surge protection? (2009)
Working Paper: Protection For Sale Or Surge Protection? (2006)
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