Resource title

Protection for Sale with Imperfect Rent Capturing

Resource image

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Resource description

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.

Resource author

Giovanni Facchini, Johannes van Biesebroeck, Gerald Willmann

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/21978

Resource license

Adapt according to the presented license agreement and reference the original author.