The "protection-for-sale" motive introduced by Grossman and Helpman (Am Econ Rev 84: 833鈥 850, 1994) has been adopted widely in the literature, but only a few papers test the theory empirically. To provide empirical evidence for the protection-for-sale theory, we proceed in three steps....
Significant empirical work, however, supports aspects of the Grossman-Helpman Protection-For-Sale model, a subset of the Received Theory. This paper shows that a simple formulation of the political economy of protection, that dispenses with terms-of-trade externalities, predicts the properties that ...
protection for saleFormal analysis of the political economy of trade policy was substantially redirected by the appearance of Gene Grossman and Elhanan Helpman's 1994 paper, 'Protection for Sale'. Before that article a fairly wide range of approaches were favoured by various authors on various ...
One of the most prominent models in political economy literature concerning trade policy is Grossman and Helpman's (1994) "Protection for Sale" model. Along with its great merits, however, this model has three unrealistic features. First, it essentially assumes that lobby groups exercise full agen...
This paper asks whether the results obtained from using the standard approach to testing the influential Grossman and Helpman "protection for sale" model of political economy might arise from a simpler setting. A model of imports and quotas with protection occurring in response to import surges, bu...
agroups and trade policy outcome. The approach developed by Grossman and Helpman 小组和贸易政策结果。 grossman和Helpman开发的方法[translate] ais provided. An older literature, pioneered by Olson (1965), and formalized in the trade 提供。 更旧的文学,作早期工作在由Olson (1965年)和形式化在贸易[tr...
The conceptual framework for analyzing the effects ofinvestor protectionon financial markets is the contractual view of the firm (Aghion and Bolton, 1992; Grossman and Hart, 1986, 1988; Harris and Raviv, 1988; Hart, 1995; Jensen and Meckling, 1976; Shleifer and Vishny, 1997). This view sees...
The conceptual framework for analyzing the effects of investor protection on financial markets is the contractual view of the firm (Aghion and Bolton, 1992; Grossman and Hart, 1986, 1988; Harris and Raviv, 1988; Hart, 1995; Jensen and Meckling, 1976; Shleifer and Vishny, 1997). This view ...
This articles tests the implications the Grossman and Helpman "protection for sale" model. The goal is to address some of the problems associated with prev... JM Devault - 《Contemporary Economic Policy》 被引量: 7发表: 2005年 Political economy of trade protection: China in the 1990s More ...
Protection for Sale with Price Interactions and Incomplete Pass-Through We extend the protection for sale model of Grossman and Helpman (1994) by introducing a general model of monopolistic competition with variable markups and... B Annicchiarico,E Marvasi 被引量: 0发表: 2018年 PROTECTION ATA ...