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Protection for Sale or Surge Protection? / Susumu Imai, Hajime Katayama, Kala Krishna.
- Format:
- Book
- Author/Creator:
- Imai, Susumu.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w12258.
- NBER working paper series no. w12258
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2006.
- 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 protection for sale framework. This suggests that the standard approach may be less of a test than previously thought.
- Notes:
- Print version record
- May 2006.
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