This paper reveals the characteristics of the ITC's decisions on countervailing duties, which have seldom been studied. The empirical evidences based on time series data show that there is a long run equilibrium relationship between affirmative countervailing decisions and macroeconomic variables such as economic growth rates and import penetration ratios. The error correction models show that there is a unidirectional causality from affirmative countervailing decisions to slower economic growth.
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Paper provided by University of Connecticut, Department of Economics in its series Working papers with number
2003-45.
Length: 20 pages Date of creation: Nov 2003 Date of revision: Handle: RePEc:uct:uconnp:2003-45
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References listed on IDEAS Please 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.:
Marvel, Howard P & Ray, Edward John, 1995.
"Countervailing Duties,"
Economic Journal,
Royal Economic Society, vol. 105(433), pages 1576-93, November.
[Downloadable!] (restricted)
Bruce A. Blonigen & Thomas J. Prusa, 2001.
"Antidumping,"
NBER Working Papers
8398, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)