Impact of joining the WTO on Ukrainian ferrous metallurgy

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Impact of joining the WTO on Ukrainian ferrous metallurgy

Author Info

Eremenko Igor ()
Lisenkova Katerina ()

Abstract

The goal of our research is to study Ukraine’s accession to the WTO referring to one particular sector discussed most hotly in this context: metallurgy. Ukrainian metallurgy has two remarkable features: from one side, steel producers receive substantial subsidies; from the other side, Ukrainian metallurgical exports have been permanently brought under antidumping investigations. The purpose of this research is to study effects of both cases and find impact on metallurgy and total welfare. Results of partial equilibrium model shows that on balance the total gains for the Ukrainian economy are calculated to be above USD 343 million, or 1.1% of GDP, hence, in subsidies-antidumping duel there is no trade-off for Ukrainian economy.

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Paper provided by EERC Research Network, Russia and CIS in its series EERC Working Paper Series with number 05-02e.

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Date of creation: 22 Feb 2005
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Handle: RePEc:eer:wpalle:05-02e

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Find related papers by JEL classification:
F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
F14 - International Economics - - Trade - - - Country and Industry Studies of Trade
L61 - Industrial Organization - - Industry Studies: Manufacturing - - - Metals and Metal Products; Cement; Glass; Ceramics
H21 - Public Economics - - Taxation, Subsidies, and Revenue - - - Efficiency; Optimal Taxation
H25 - Public Economics - - Taxation, Subsidies, and Revenue - - - Business Taxes and Subsidies

This paper has been announced in the following NEP Reports:

NEP-ALL-2005-03-20 (All new papers)
NEP-CIS-2005-03-20 (Confederation of Independent States)
NEP-TRA-2005-03-20 (Transition Economics)

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