A quantile-based test of protection for sale model

Susumu Imai; Hajime Katayama; Kala Krishna

doi:10.1016/j.jinteco.2013.03.002

A quantile-based test of protection for sale model

Susumu Imai
, Hajime Katayama
, Kala Krishna

Economics

Research output: Contribution to journal › Article › peer-review

9 Scopus citations

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 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.

Original language	English (US)
Pages (from-to)	40-52
Number of pages	13
Journal	Journal of International Economics
Volume	91
Issue number	1
DOIs	https://doi.org/10.1016/j.jinteco.2013.03.002
State	Published - Sep 2013

All Science Journal Classification (ASJC) codes

Finance
Economics and Econometrics

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10.1016/j.jinteco.2013.03.002

Cite this

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A quantile-based test of protection for sale model

Abstract

All Science Journal Classification (ASJC) codes

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