Protection for sale with imperfect rent capturing
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Publication
2006 - Centro Studi Luca d'Agliano, Torino, Italy
Language
English
Word Count
8,500 words, Guess
Page Count
34 pages
Identifiers
- Open LibraryOL57698126M
- OCLC Control Number65175787
Description
"Structurally estimating the Grossman and Helpman (1994) model using coverage ratios that include non-tariff barriers leads to biased parameter estimates. We develop a "protection for sale" theoretical framework consistent with the data, by explicitly allowing for non-tariff barriers. Introducing partial rent capturing we obtain a testable specification which finds support in the data. Our results suggest that average rent capturing is in the order of 72-75 percent"--National Bureau of Economic Research web site.
Series Statement
- Development studies working papers -- n. 207
Other Editions
- Protection for sale with imperfect rent capturing
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