TY - JOUR AU - Imai,Susumu AU - Katayama,Hajime AU - Krishna,Kala TI - Protection for Sale or Surge Protection? JF - National Bureau of Economic Research Working Paper Series VL - No. 12258 PY - 2006 Y2 - May 2006 UR - http://www.nber.org/papers/w12258 L1 - http://www.nber.org/papers/w12258.pdf N1 - Author contact info: Susumu Imai Department of Economics Queen's University Kingston, Ontario, Canada E-Mail: imais@econ.queensu.ca Hajime Katayama Department of Economics University of Sydney Sydney, Australia E-Mail: h.katayama@econ.usyd.edu.au Kala Krishna Department of Economics 523 Kern Graduate Building The Pennsylvania State University University Park, PA 16802 Tel: 814/865-1106 Fax: 814/863-4775 E-Mail: kmk4@psu.edu M2 - featured in NBER digest on 2006-05-29 AB - This paper asks whether the results obtained from using the standard approach to testing the influential Grossman and Helpman %u201Cprotection for sale (PFS)%u201D model of political economy might arise from a simpler setting. A model of imports and quotas with protection occurring in response to import surges, but only for organized industries, is simulated and shown to provide parameter estimates consistent with the protection for sale framework. This suggests that the standard approach may be less of a test than previously thought. ER -