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A Quantile-based Test of Protection for Sale Model

Susumu Imai, Hajime Katayama and Kala Krishna ()

Global COE Hi-Stat Discussion Paper Series from Institute of Economic Research, Hitotsubashi University

Abstract: This paper proposes a new test of the Protection for Sale (PFS) model by Grossman and Helpman (1994). Unlike existing methods in the literature, our approach does not require any data on political organization. We use quantile and quantile IV regressions to do so using the data from Gawande and Bandyopadhyay (2000). Surprisingly, the results do not provide any evidence favoring the PFS model. We also explain why previous work may have inadvertently found support for it.

Keywords: protection for sale; lobbying; political economy; quantile regression (search for similar items in EconPapers)
JEL-codes: F13 F14 (search for similar items in EconPapers)
Date: 2010-06
New Economics Papers: this item is included in nep-pol
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Downloads: (external link)
http://gcoe.ier.hit-u.ac.jp/research/discussion/2008/pdf/gd10-140.pdf (application/pdf)

Related works:
Journal Article: A quantile-based test of protection for sale model (2013) Downloads
Working Paper: A Quantile-based Test of Protection for Sale Model (2013) Downloads
Working Paper: A Quantile-based Test of Protection for Sale Model (2010) Downloads
Working Paper: A Quantile-based Test of Protection for Sale Model (2008) Downloads
Working Paper: A Quantile Based Test Of Protection For Sale Model (2007) Downloads
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