Trade liberalization and industrial concentration: Evidence from Brazil
Abstract
This paper applies an endogenous lobby formation model to explain the extent of trade protection granted to Brazilian manufacturing industries during the 1988-1994 trade liberalization episode. Using a panel data set covering this period, we find that even in an environment in which a major regime shift has been introduced,more concentrated sectors have been able to obtain policy advantages, that lead to a reduction in international competition. The importance of industry structure appears to be substantial: In our baseline speci.cation, an increase in concentration by 20% leads to an increase in protection by 5%-7%.(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)
Download Info
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic Info
Article provided by Elsevier in its journal The Quarterly Review of Economics and Finance.
Volume (Year): 45 (2005)
Issue (Month): 2-3 (May)
Pages: 432-446
Download reference. The following formats are available: HTML
(with abstract),
plain text
(with abstract),
BibTeX,
RIS (EndNote, RefMan, ProCite),
ReDIF
Handle: RePEc:eee:quaeco:v:45:y:2005:i:2-3:p:432-446
Contact details of provider:
Web page: http://www.elsevier.com/locate/inca/620167
For corrections or technical questions regarding this item, or to correct its listing, contact: (Jeroen Loos).
Related research
Keywords:Other versions of this item:
- Giovanni Facchini; Pedro Cavalcanti Ferreira, 2004. "Trade Liberalization and Industrial Concentration:Evidence from Brazil," Econometric Society 2004 Latin American Meetings 126, Econometric Society.
- Ferreira, Pedro Cavalcanti Gomes & Facchini, Giovanni, 2004. "Trade liberalization and industrial concentration: Evidence from Brazil," Economics Working Papers (Ensaios Economicos da EPGE) 531, Graduate School of Economics, Getulio Vargas Foundation (Brazil).
- F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
References
References listed on IDEASPlease report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Richard E. Caves, 1976. "Economic Models of Political Choice: Canada's Tariff Structure," Canadian Journal of Economics, Canadian Economics Association, vol. 9(2), pages 278-300, May.
- Frederico Valladares & Cristina Terra, 2004.
"Real Exchange Rate Misalignments,"
Econometric Society 2004 Latin American Meetings
191, Econometric Society.
- Terra, Cristina & Valladares, Frederico, 2010. "Real exchange rate misalignments," International Review of Economics & Finance, Elsevier, vol. 19(1), pages 119-144, January.
- Cristina Terra, Frederico Valladares, 2009. "Real Exchange Rate Misalignments," THEMA Working Papers 2009-03, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
- Terra, Maria Cristina T. & Valladares, Frederico Estrella Carneiro, 2003. "Real Exchange Rate Misalignments," Economics Working Papers (Ensaios Economicos da EPGE) 493, Graduate School of Economics, Getulio Vargas Foundation (Brazil).
- Assunção, Juliano Junqueira & Moreira, Humberto Luiz Ataide, 2004.
"Land taxes in a Latin American context,"
Economics Working Papers (Ensaios Economicos da EPGE)
526, Graduate School of Economics, Getulio Vargas Foundation (Brazil).
- Juliano Junqueira Assunção & Humberto Moreira, 2005. "Land taxes in a Latin American context," Textos para discussão 497, Department of Economics PUC-Rio (Brazil).
- Moreira, Humberto Luiz Ataide & Costa, Cristiano Machado & Ferreira, Daniel Bernardo Soares, 2004.
"Biased managers, organizational design, and incentive provision,"
Economics Working Papers (Ensaios Economicos da EPGE)
525, Graduate School of Economics, Getulio Vargas Foundation (Brazil).
- Costa, Cristiano M. & Ferreira, Daniel & Moreira, Humberto, 2005. "Biased managers, organizational design, and incentive provision," Economics Letters, Elsevier, vol. 86(3), pages 379-385, March.
- Pinelopi Koujianou Goldberg & Giovanni Maggi, 1999.
"Protection for Sale: An Empirical Investigation,"
American Economic Review,
American Economic Association, vol. 89(5), pages 1135-1155, December.
- Pinelopi Koujianou Goldbe & Giovanni Maggi, 1997. "Protection for Sale: An Empirical Investigation," NBER Working Papers 5942, National Bureau of Economic Research, Inc.
- Pecorino, Paul, 1998. "Is There a Free-Rider Problem in Lobbying? Endogenous Tariffs, Trigger Strategies, and the Number of Firms," American Economic Review, American Economic Association, vol. 88(3), pages 652-60, June.
- Leonardo Souza & Jeremy Smith & Reinaldo Souza, 2006.
"Convex combinations of long memory estimates from different sampling rates,"
Computational Statistics,
Springer, vol. 21(3), pages 399-413, December.
- Souza, Leonardo Rocha & Smith, Jeremy & Souza, Reinaldo Castro de, 2003. "Convex Combinations of Long Memory Estimates from Different Sampling Rates," Economics Working Papers (Ensaios Economicos da EPGE) 489, Graduate School of Economics, Getulio Vargas Foundation (Brazil).
- Olarreaga, Marcelo & Soloaga, Isidro, 1998.
"Endogenous Tariff Formation: The Case of Mercosur,"
World Bank Economic Review,
Oxford University Press, vol. 12(2), pages 297-320, May.
- Olarreaga, Marcelo & Soloaga, Isidro, 1998. "Endogenous Tariff Formation: The Case of Mercosur," CEPR Discussion Papers 1848, C.E.P.R. Discussion Papers.
- Maggi, G & Rodriguez-Clare, A, 1996.
"The Value of Trade Agreements in the Presence of Political Pressures,"
Papers
180, Princeton, Woodrow Wilson School - Public and International Affairs.
- Giovanni Maggi & Andres Rodriguez-Clare, 1998. "The Value of Trade Agreements in the Presence of Political Pressures," Journal of Political Economy, University of Chicago Press, vol. 106(3), pages 574-601, June.
- Rodrik, Dani, 1995. "Political economy of trade policy," Handbook of International Economics, in: G. M. Grossman & K. Rogoff (ed.), Handbook of International Economics, edition 1, volume 3, chapter 28, pages 1457-1494 Elsevier.
- Pabo Sanguinetti & Alok Bohara & Kishore Guatanabe, 2003.
"Trade Diverion and Declinning Tariffs: Evidence from MERCOSUR,"
Department of Economics Working Papers
003, Universidad Torcuato Di Tella.
- Bohara, Alok K. & Gawande, Kishore & Sanguinetti, Pablo, 2004. "Trade diversion and declining tariffs: evidence from Mercosur," Journal of International Economics, Elsevier, vol. 64(1), pages 65-88, October.
- Aloisio Araujo & Humberto Moreira, 2004.
"The trade-off between incentives and endogenous risk,"
Econometric Society 2004 Latin American Meetings
152, Econometric Society.
- Aloisio Araujo & Humberto Moreira, 2004. "The trade-off between incentives and endogenous risk," Econometric Society 2004 North American Summer Meetings 371, Econometric Society.
- Tsuchida, Marcos H. & Araújo, Aloísio Pessoa de & Moreira, Humberto Luiz Ataide, 2004. "The trade-off between incentives and endogenous risk," Economics Working Papers (Ensaios Economicos da EPGE) 523, Graduate School of Economics, Getulio Vargas Foundation (Brazil).
- Souza, Leonardo Rocha, 2003.
"A note on Chambers's "long memory and aggregation in macroeconomic time series","
Economics Working Papers (Ensaios Economicos da EPGE)
503, Graduate School of Economics, Getulio Vargas Foundation (Brazil).
- Leonardo Rocha Souza, 2005. "A Note On Chambers'S "Long Memory And Aggregation In Macroeconomic Time Series"," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 46(3), pages 1059-1062, 08.
- Trefler, Daniel, 1993. "Trade Liberalization and the Theory of Endogenous Protection: An Econometric Study of U.S. Import Policy," Journal of Political Economy, University of Chicago Press, vol. 101(1), pages 138-60, February.
- Monteiro, Paulo Klinger & Araújo, Aloísio Pessoa de & Martins-da-Rocha, Victor Filipe, 2003. "Equilibria in security markets with a continuum of agents," Economics Working Papers (Ensaios Economicos da EPGE) 513, Graduate School of Economics, Getulio Vargas Foundation (Brazil).
- Devashish Mitra, 1999. "Endogenous Lobby Formation and Endogenous Protection: A Long-Run Model of Trade Policy Determination," American Economic Review, American Economic Association, vol. 89(5), pages 1116-1134, December.
- Pedro Cavalcanti Ferreira & JosÈ Luiz Rossi, 2003. "New Evidence from Brazil on Trade Liberalization and Productivity Growth," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 44(4), pages 1383-1405, November.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Baybars Karacaovali, 2011.
"Productivity Matters For Trade Policy: Theory And Evidence,"
International Economic Review,
Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 52(1), pages 33-62, 02.
- Baybars Karacaovali, 2008. "Productivity Matters for Trade Policy: Theory and Evidence," Fordham Economics Discussion Paper Series dp2008-14, Fordham University, Department of Economics.
- Karacaovali, Baybars, 2006. "Productivity matters for trade policy : theory and evidence," Policy Research Working Paper Series 3925, The World Bank.
- Torfinn Harding and Jørn Rattsø, 2009.
"Industrial labor productivities and tariffs in South Africa. Identification based on multilateral liberalization reform,"
Discussion Papers
585, Research Department of Statistics Norway.
- Torfinn Harding and Jørn Rattsø, 2009. "Industrial labor productivities and tariffs in South Africa: Identification based on multilateral liberalization reform," Working Paper Series 10309, Department of Economics, Norwegian University of Science and Technology.
Lists
This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.Statistics
Access and download statisticsCorrections
When requesting a correction, please mention this item's handle: RePEc:eee:quaeco:v:45:y:2005:i:2-3:p:432-446For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jeroen Loos).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.

