A quantile-based test of protection for sale model
By: Susumu Imai, Hajime Katayama, Kala Krishna.
Contributors: Katayama, Hajime.; Krishna, Kala.; National Bureau of Economic Research.
Series: NBER working paper series -- working paper 13900; Working paper series (National Bureau of Economic Research : Online) -- working paper no. 13900.
Publisher: National Bureau of Economic Research
Published: 2008
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Description: "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 organizations.  We formally show that the PFS model predicts that the quantile regression of the protection measure on the inverse import penetration ratio divided by the import demand elasticity, should yield a positive coefficient for quantiles close to one.  We test this prediction using the data from Gawande and Bandyopadhyay (2000).  The results do not provide any evidence favoring the PFS model"--National Bureau of Economic Research web site.
Notes: Title from PDF file as viewed on 6/25/2008.

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