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Identifier to cite or link to this item: https://hdl.handle.net/10086/18526

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Title
A Quantile-based Test of Protection for Sale Model
Creator
Creator Name
Imai, Susumu Imai, Susumu
Affiliation
Affiliation Name
Queen's University
Creator Name
Katayama, Hajime Katayama, Hajime
Affiliation
Affiliation Name
University of Sydney
Pennsylvania State University
Creator Name
Krishna, Kala Krishna, Kala
Affiliation
Affiliation Name
The National Bureau of Economic Research (NBER)
Key Word
Protection for Sale
Lobbying
Political Economy
Quantile Regression
JEL
F13
F14
Abstract (distribution restricted)
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.
Publisher
Center for Research on Contemporary Economic Systems, Graduate School of Economics, Hitotsubashi University
Issued Date
2010-05
Language
English(eng)
Resource Type
technical report
Version Type
VoR
Is Part OfRelation -
Related Title
CCES Discussion Paper Series ; No. 34
Number of Pages
33
Appears in Collections
CCES Discussion Paper Series
URL
https://hdl.handle.net/10086/18526