TY - JOUR
T1 - A quantile-based test of protection for sale model
AU - Imai, Susumu
AU - Katayama, Hajime
AU - Krishna, Kala
PY - 2013/9
Y1 - 2013/9
N2 - 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 in our tests, 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 found support for it.
AB - 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 in our tests, 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 found support for it.
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U2 - 10.1016/j.jinteco.2013.03.002
DO - 10.1016/j.jinteco.2013.03.002
M3 - Article
AN - SCOPUS:84881556613
SN - 0022-1996
VL - 91
SP - 40
EP - 52
JO - Journal of International Economics
JF - Journal of International Economics
IS - 1
ER -