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Title:Protection for Sale with Imperfect Rent Capturing PDF Logo
Authors:Facchini, Giovanni
van Biesebroeck, Johannes
Willmann, Gerald
Issue Date:2003
Series/Report no.:Economics working paper / Christian-Albrechts-Universität Kiel, Department of Economics 2004,01
Abstract:We extend the protection for sale framework by modelling non tariff barriers. Explicitly introducing partial rent capturing leads to a testable specification that bridges the gap between the theoretical Grossman and Helpman (1994) model and its empirical implementation, where coverage ratios have been used to measure protection. Our econometric analysis supports the augmented specification and leads to more realistic estimates for the structural parameters of the model.
JEL:F13
Persistent Identifier of the first edition:urn:nbn:de:101:1-200910201104
Document Type:Working Paper
Appears in Collections:Economics Working Papers, Department of Economics, CAU Kiel

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