A quantile-based test of protection for sale model

• 成果类型: Article
• 署名作者: Imai, Susumu; Katayama, Hajime; Krishna, Kala
• 署名单位: University of Technology Sydney; Waseda University; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
• 刊物名称: JOURNAL OF INTERNATIONAL ECONOMICS
• ISSN/ISSBN: 0022-1996
• DOI: 10.1016/j.jinteco.2013.03.002
• 发表日期: 2013
• 页码: 40-52
• 关键词: Protection for sale; lobbying; political economy; quantile regression

摘要

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. (C) 2013 Published by Elsevier B.V.