Autore
Belloc, Marianna

Titolo
Protection for Sale in the EU
Periodico
Università degli Studi di Roma "La Sapienza" - Dipartimento di Economia Pubblica. Working Paper
Anno: 2007 - Volume: 7 - Fascicolo: 100 - Pagina iniziale: 1 - Pagina finale: 30

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.



SICI: 1974-2940(2007)7:100<1:PFSITE>2.0.ZU;2-B
Testo completo: http://dep.eco.uniroma1.it/docs/working_papers/Wp100.pdf

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