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Author: | Gawande, K. |
Title: | Is protection for sale? Evidence on the Grossman-Helpman theory of endogenous protection |
Journal: | Review of Economics and Statistics
2000 : FEB, VOL. 82:1, p. 139-163 |
Index terms: | ECONOMICS ENDOGENOUS VARIABLES SALES |
Language: | eng |
Abstract: | Grossman and Helpman (1994) present a theory of endogenous protection by explicitly modeling government-industry interactions for which mere "black-box" models previously existed. They obtain a Ramsey pricing type solution to the role of inverse import penetration ratios and import elasticities. On the lobbying spending according to deadweight costs from protection. |
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