A Quantile-based Test of Protection for Sale Model

Susumu Imai, Hajime Katayama and Kala Krishna ()

No 12, Working Paper Series from Economics Discipline Group, UTS Business School, University of Technology, Sydney

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 IV quantile 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)
Pages: 51
Date: 2013-06-01
New Economics Papers: this item is included in nep-pol
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Citations: View citations in EconPapers (5)

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http://www.uts.edu.au/sites/default/files/edg_wp12.pdf (application/pdf)

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