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Bibframe Work

Title
Protection for sale with imperfect rent capturing
Type
Text
Monograph
Subject
Protectionism--Mathematical models (LCSH)
Non-tariff trade barriers--Mathematical models (LCSH)
Language
English
Classification
LCC: HB1 (Assigner: dlc) (Status: used by assigner)
Supplementary Content
bibliography
Content
text
Summary
"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.
Authorized Access Point
Facchini, Giovanni Protection for sale with imperfect rent capturing