Belloc, Marianna (2007) Protection for Sale in the EU. Working Paper. Dipartimento di Economia Pubblica, Università di Roma La Sapienza, Roma, Italia.
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Abstract
This paper presents estimation of the Grossman-Helpman (1994) model for the EU. We try to address a number of pitfalls that surround the previous empirical literature. First, we suggest a new identification strategy that enables to single out politically organized sectors with specific regard to trade policy. Second, we utilize two alternative measures of trade protection (ad-valorem equivalent of non-tariff barriers and overall restrictiveness) and adopt industrial and trade data at a high level of disaggregation. Finally, we directly obtain the structural coefficients of the model by estimating a nonlinear simultaneous equations system that is tightly linked to theory. We find that the theoretical model is broadly consistent with data and conclusions turn out internally coherent.
| Item Type: | Monograph (Working Paper) |
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| Additional Information: | JEL Classification: F13; F15; D71; D72; C31 |
| Uncontrolled Keywords: | Trade policy; European Union; Lobbying; Political economy; Simultaneous Equations Models |
| Subjects: | 300 Scienze sociali > 330 Economia |
| Depositing User: | Dipartimento economia e diritto |
| Date Deposited: | 15 May 2009 |
| Last Modified: | 20 May 2010 12:02 |
| URI: | http://eprints.bice.rm.cnr.it/id/eprint/870 |
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