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Dumping and Antidumping Trade Protection
Antidumping trade protection is one of the most frequent and ubiquitous trade policies in the global economy. This volume brings together the key reference pieces in the antidumping literature that have critically defined and shaped what we know about this important and unique form of trade protection. An introductory chapter by the editors, both scholars in this area, critically analyzes the literature and discusses its future directions. This is an important reference volume not only for new and established scholars in international economics, but also policymakers and legal intellectuals.
More Information
Critical Acclaim
Contributors
Contents
More Information
Antidumping trade protection is one of the most frequent and ubiquitous trade policies in the global economy. This volume brings together the key reference pieces in the antidumping literature that have critically defined and shaped what we know about this important and unique form of trade protection. An introductory chapter by the editors, both scholars in this area, critically analyzes the literature and discusses its future directions. This is an important reference volume not only for new and established scholars in international economics, but also policymakers and legal intellectuals.
Critical Acclaim
‘Nothing comes closer to “everything you wanted to know about antidumping” than this volume. This is a great collection of well-known, thought-provoking papers that have influenced our thinking about antidumping, and antidumping practice alike. Academics and practitioners now have a magnificent one-stop shop to be inspired from.’
– Petros C. Mavroidis, Columbia Law School, US
– Petros C. Mavroidis, Columbia Law School, US
Contributors
36 articles, dating from 1982 to 2017
Contributors include: J.E. Anderson, C.P. Bown, M.A. Crowley, B.H. Liebman, M.O. Moore, D.R. Nelson, K.M. Reynolds, R.W. Staiger, H. Vandenbussche, M. Zanardi
Contributors include: J.E. Anderson, C.P. Bown, M.A. Crowley, B.H. Liebman, M.O. Moore, D.R. Nelson, K.M. Reynolds, R.W. Staiger, H. Vandenbussche, M. Zanardi
Contents
Contents:
Acknowledgements
Introduction Bruce A. Blonigen and Thomas J. Prusa
PART I THEORIES OF DUMPING
1. James Brander and Paul Krugman (1983), ‘A “Reciprocal Dumping” Model of International Trade’, Journal of International Economics, 15 (3–4), November, 313–21
2. Wilfred J. Ethier (1982), ’Dumping’, Journal of Political Economy, 90 (3), June, 487–506
3. Robert W. Staiger and Frank A. Wolak (1992), ‘The Effect of Domestic Antidumping Law in the Presence of Foreign Monopoly’, Journal of International Economics, 32 (3–4), May, 265–87
4. Kyle Bagwell and Robert W. Staiger (1990), ‘A Theory of Managed Trade’, American Economic Review, 80 (4), September, 779–95
5. Richard H. Clarida (1993), ‘Entry, Dumping, and Shakeout’, American Economic Review, 83 (1), March, 180–202
6. James E. Anderson (1992), ‘Domino Dumping, I: Competitive Exporters’, American Economic Review, 82 (1), March, 65–83
PART II ANTIDUMPING TRADE EFFECTS
7. Thomas J. Prusa (1997), ‘The Trade Effects of U.S. Antidumping Actions’, in Robert C. Feenstra (ed.), The Effects of U.S. Trade Protection and Promotion Policies, Chapter 7, Chicago, IL, USA and London, UK: University of Chicago Press and Cambridge, MA, USA: National Bureau of Economic Research, 191–213
8. Chad P. Bown and Meredith A. Crowley (2007), ‘Trade Deflection and Trade Depression’, Journal of International Economics, 72 (1), May, 176–201
9. Kathy Baylis and Jeffrey M. Perloff (2010), ‘Trade Diversion from Tomato Suspension Agreements’, Canadian Journal of Economics, 43 (1), February, 127–51
10. Tibor Besedeš and Thomas J. Prusa (2017), ‘The Hazardous Effects of Antidumping’, Economic Inquiry, 55 (1), January, 9–30
11. Robert W. Staiger and Frank A. Wolak (1994), ‘Measuring Industry-Specific Protection: Antidumping in the United States’, Brookings Papers on Economic Activity: Microeconomics, 51–103, references
12. Corinne M. Krupp and Patricia S. Pollard (1996), ‘Market Responses to Antidumping Laws: Some Evidence from the U.S. Chemical Industry’, Canadian Journal of Economics, XXIX (1), February, 199–227
PART III POLITICAL ECONOMY OF ANTIDUMPING USE
13. J. M. Finger, H. Keith Hall and Douglas R. Nelson (1982), ‘The Political Economy of Administered Protection’, American Economic Review, 72 (3), June, 452–66
14. Chad P. Bown and Meredith A. Crowley (2013), ‘Self-Enforcing Trade Agreements: Evidence from Time-Varying Trade Policy’, American Economic Review, 103 (2), April, 1071–90
15. Bruce A. Blonigen and Chad P. Bown (2003), ‘Antidumping and Retaliation Threats’, Journal of International Economics, 60 (2), August, 249–73
16. Alberto Martin and Wouter Vergote (2008), ‘On the Role of Retaliation in Trade Agreements’, Journal of International Economics, 76 (1), September, 61–77
17. Michael O. Moore and Maurizio Zanardi (2009), ‘Does Antidumping Use Contribute to Trade Liberalization in Developing Countries?’, Canadian Journal of Economics, 42 (2), May, 469–95
PART IV ANTIDUMPING AND MACROECONOMIC INFLUENCES
18. Michael M. Knetter and Thomas J. Prusa (2003), ‘Macroeconomic Factors and Antidumping Filings: Evidence from Four Countries’, Journal of International Economics, 61 (1), October, 1–17
19. Bruce A. Blonigen and Stephen E. Haynes (2002), ‘Antidumping Investigations and the Pass-Through of Antidumping Duties and Exchange Rates’, American Economic Review, 92 (4), September, 1044–61
20. Chad P. Bown and Meredith A. Crowley (2013), ‘Import Protection, Business Cycles, and Exchange Rates: Evidence from the Great Recession’, Journal of International Economics, 90 (1), May, 50–64
PART V FIRM RESPONSES TO ANTIDUMPING PROTECTION
21. Bruce A. Blonigen and Jee-Hyeong Park (2004), ‘Dynamic Pricing in the Presence of Antidumping Policy: Theory and Evidence’, American Economic Review, 94 (1), March, 134–54
22. Justin R. Pierce (2011), ‘Plant-Level Responses to Antidumping Duties: Evidence from U.S. Manufacturers’, Journal of International Economics, 85 (2), November, 222–33
23. Yi Lu, Zhigang Tao and Yan Zhang (2013), ‘How Do Exporters Respond to Antidumping Investigations?’, Journal of International Economics, 91 (2), November, 290–300
24. Irene Brambilla, Guido Porto and Alessandro Tarozzi (2012), ‘Adjusting to Trade Policy: Evidence from U.S. Antidumping Duties on Vietnamese Catfish’, Review of Economics and Statistics, 94 (1), February, 304–19
25. Bruce A. Blonigen (2002), ‘Tariff-Jumping Antidumping Duties’, Journal of International Economics, 57 (1), June, 31–49
26. Jozef Konings and Hylke Vandenbussche (2008), ‘Heterogeneous Responses of Firms to Trade Protection’, Journal of International Economics, 76 (2), December, 371–83
27. Maya Cohen-Meidan (2013), ‘The Heterogeneous Effects of Trade Protection: A Study of US Antidumping Duties on Portland Cement’, Review of Industrial Organization, Special Issue: Antidumping and Industrial Organization, 42 (4), June, 369–94
PART VI RULES AND DISCRETION
28. Wendy L. Hansen and Thomas J. Prusa (1996), ‘Cumulation and ITC Decision-Making: The Sum of the Parts is Greater than the Whole’, Economic Inquiry, XXXIV (4), October, 746–69
29. Bruce A. Blonigen (2006), ‘Evolving Discretionary Practices of U.S. Antidumping Activity’, Canadian Journal of Economics, 39 (3), August, 874–900
30. Chad P. Bown and Thomas J. Prusa (2011), ‘U.S. Anti-dumping: Much Ado about Zeroing’, in Will Martin and Aaditya Mattoo (eds), Unfinished Business? The WTO’s Doha Agenda, Chapter 14, London, UK: Centre for Economic Policy Research and Washington, DC, USA: International Bank for Reconstruction and Development/The World Bank, 355–92
31. Benjamin H. Liebman and Kara M. Reynolds (2006), ‘The Returns from Rent-Seeking: Campaign Contributions, Firm Subsidies and the Byrd Amendment’, Canadian Journal of Economics, 39 (4), November, 1345–69
PART VII THE PROLIFERATION OF ANTIDUMPING AND ITS EFFECTS
32. Thomas J. Prusa (2001), ‘On the Spread and Impact of Anti-dumping’, Canadian Journal of Economics, 34 (3), August, 591–611
33. Chad P. Bown (2011), ‘Taking Stock of Antidumping, Safeguards and Countervailing Duties, 1990–2009’, World Economy, Special Issue: Global Trade Policy 2011, 34 (12), December, 1955–98
34. Chad P. Bown and Patricia Tovar (2011), ‘Trade Liberalization, Antidumping, and Safeguards: Evidence from India’s Tariff Reform’, Journal of Development Economics, 96 (1), September, 115–25
35. Hylke Vandenbussche and Maurizio Zanardi (2010), ‘The Chilling Trade Effects of Antidumping Proliferation’, European Economic Review, 54 (6), August, 760–77
36. Peter Egger and Douglas Nelson (2011), ‘How Bad is Antidumping? Evidence from Panel Data’, Review of Economics and Statistics, 93 (4), November, 1374–90
Index
Acknowledgements
Introduction Bruce A. Blonigen and Thomas J. Prusa
PART I THEORIES OF DUMPING
1. James Brander and Paul Krugman (1983), ‘A “Reciprocal Dumping” Model of International Trade’, Journal of International Economics, 15 (3–4), November, 313–21
2. Wilfred J. Ethier (1982), ’Dumping’, Journal of Political Economy, 90 (3), June, 487–506
3. Robert W. Staiger and Frank A. Wolak (1992), ‘The Effect of Domestic Antidumping Law in the Presence of Foreign Monopoly’, Journal of International Economics, 32 (3–4), May, 265–87
4. Kyle Bagwell and Robert W. Staiger (1990), ‘A Theory of Managed Trade’, American Economic Review, 80 (4), September, 779–95
5. Richard H. Clarida (1993), ‘Entry, Dumping, and Shakeout’, American Economic Review, 83 (1), March, 180–202
6. James E. Anderson (1992), ‘Domino Dumping, I: Competitive Exporters’, American Economic Review, 82 (1), March, 65–83
PART II ANTIDUMPING TRADE EFFECTS
7. Thomas J. Prusa (1997), ‘The Trade Effects of U.S. Antidumping Actions’, in Robert C. Feenstra (ed.), The Effects of U.S. Trade Protection and Promotion Policies, Chapter 7, Chicago, IL, USA and London, UK: University of Chicago Press and Cambridge, MA, USA: National Bureau of Economic Research, 191–213
8. Chad P. Bown and Meredith A. Crowley (2007), ‘Trade Deflection and Trade Depression’, Journal of International Economics, 72 (1), May, 176–201
9. Kathy Baylis and Jeffrey M. Perloff (2010), ‘Trade Diversion from Tomato Suspension Agreements’, Canadian Journal of Economics, 43 (1), February, 127–51
10. Tibor Besedeš and Thomas J. Prusa (2017), ‘The Hazardous Effects of Antidumping’, Economic Inquiry, 55 (1), January, 9–30
11. Robert W. Staiger and Frank A. Wolak (1994), ‘Measuring Industry-Specific Protection: Antidumping in the United States’, Brookings Papers on Economic Activity: Microeconomics, 51–103, references
12. Corinne M. Krupp and Patricia S. Pollard (1996), ‘Market Responses to Antidumping Laws: Some Evidence from the U.S. Chemical Industry’, Canadian Journal of Economics, XXIX (1), February, 199–227
PART III POLITICAL ECONOMY OF ANTIDUMPING USE
13. J. M. Finger, H. Keith Hall and Douglas R. Nelson (1982), ‘The Political Economy of Administered Protection’, American Economic Review, 72 (3), June, 452–66
14. Chad P. Bown and Meredith A. Crowley (2013), ‘Self-Enforcing Trade Agreements: Evidence from Time-Varying Trade Policy’, American Economic Review, 103 (2), April, 1071–90
15. Bruce A. Blonigen and Chad P. Bown (2003), ‘Antidumping and Retaliation Threats’, Journal of International Economics, 60 (2), August, 249–73
16. Alberto Martin and Wouter Vergote (2008), ‘On the Role of Retaliation in Trade Agreements’, Journal of International Economics, 76 (1), September, 61–77
17. Michael O. Moore and Maurizio Zanardi (2009), ‘Does Antidumping Use Contribute to Trade Liberalization in Developing Countries?’, Canadian Journal of Economics, 42 (2), May, 469–95
PART IV ANTIDUMPING AND MACROECONOMIC INFLUENCES
18. Michael M. Knetter and Thomas J. Prusa (2003), ‘Macroeconomic Factors and Antidumping Filings: Evidence from Four Countries’, Journal of International Economics, 61 (1), October, 1–17
19. Bruce A. Blonigen and Stephen E. Haynes (2002), ‘Antidumping Investigations and the Pass-Through of Antidumping Duties and Exchange Rates’, American Economic Review, 92 (4), September, 1044–61
20. Chad P. Bown and Meredith A. Crowley (2013), ‘Import Protection, Business Cycles, and Exchange Rates: Evidence from the Great Recession’, Journal of International Economics, 90 (1), May, 50–64
PART V FIRM RESPONSES TO ANTIDUMPING PROTECTION
21. Bruce A. Blonigen and Jee-Hyeong Park (2004), ‘Dynamic Pricing in the Presence of Antidumping Policy: Theory and Evidence’, American Economic Review, 94 (1), March, 134–54
22. Justin R. Pierce (2011), ‘Plant-Level Responses to Antidumping Duties: Evidence from U.S. Manufacturers’, Journal of International Economics, 85 (2), November, 222–33
23. Yi Lu, Zhigang Tao and Yan Zhang (2013), ‘How Do Exporters Respond to Antidumping Investigations?’, Journal of International Economics, 91 (2), November, 290–300
24. Irene Brambilla, Guido Porto and Alessandro Tarozzi (2012), ‘Adjusting to Trade Policy: Evidence from U.S. Antidumping Duties on Vietnamese Catfish’, Review of Economics and Statistics, 94 (1), February, 304–19
25. Bruce A. Blonigen (2002), ‘Tariff-Jumping Antidumping Duties’, Journal of International Economics, 57 (1), June, 31–49
26. Jozef Konings and Hylke Vandenbussche (2008), ‘Heterogeneous Responses of Firms to Trade Protection’, Journal of International Economics, 76 (2), December, 371–83
27. Maya Cohen-Meidan (2013), ‘The Heterogeneous Effects of Trade Protection: A Study of US Antidumping Duties on Portland Cement’, Review of Industrial Organization, Special Issue: Antidumping and Industrial Organization, 42 (4), June, 369–94
PART VI RULES AND DISCRETION
28. Wendy L. Hansen and Thomas J. Prusa (1996), ‘Cumulation and ITC Decision-Making: The Sum of the Parts is Greater than the Whole’, Economic Inquiry, XXXIV (4), October, 746–69
29. Bruce A. Blonigen (2006), ‘Evolving Discretionary Practices of U.S. Antidumping Activity’, Canadian Journal of Economics, 39 (3), August, 874–900
30. Chad P. Bown and Thomas J. Prusa (2011), ‘U.S. Anti-dumping: Much Ado about Zeroing’, in Will Martin and Aaditya Mattoo (eds), Unfinished Business? The WTO’s Doha Agenda, Chapter 14, London, UK: Centre for Economic Policy Research and Washington, DC, USA: International Bank for Reconstruction and Development/The World Bank, 355–92
31. Benjamin H. Liebman and Kara M. Reynolds (2006), ‘The Returns from Rent-Seeking: Campaign Contributions, Firm Subsidies and the Byrd Amendment’, Canadian Journal of Economics, 39 (4), November, 1345–69
PART VII THE PROLIFERATION OF ANTIDUMPING AND ITS EFFECTS
32. Thomas J. Prusa (2001), ‘On the Spread and Impact of Anti-dumping’, Canadian Journal of Economics, 34 (3), August, 591–611
33. Chad P. Bown (2011), ‘Taking Stock of Antidumping, Safeguards and Countervailing Duties, 1990–2009’, World Economy, Special Issue: Global Trade Policy 2011, 34 (12), December, 1955–98
34. Chad P. Bown and Patricia Tovar (2011), ‘Trade Liberalization, Antidumping, and Safeguards: Evidence from India’s Tariff Reform’, Journal of Development Economics, 96 (1), September, 115–25
35. Hylke Vandenbussche and Maurizio Zanardi (2010), ‘The Chilling Trade Effects of Antidumping Proliferation’, European Economic Review, 54 (6), August, 760–77
36. Peter Egger and Douglas Nelson (2011), ‘How Bad is Antidumping? Evidence from Panel Data’, Review of Economics and Statistics, 93 (4), November, 1374–90
Index