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How Different Are Safeguards from Antidumping? Evidence from US Trade Policies Toward Steel

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  • Chad Bown

Abstract

Use of temporary trade barriers (TTBs) has proliferated across countries, industries, and even policy instruments. We construct a panel of bilateral, product-level US steel imports that are matched to a unique data set on trade policy exclusions that are associated with the 2002 US steel safeguard in order to compare the trade impacts that result from application of various TTB policies over 1989–2003. We find that the trade effects of an applied safeguard—which is statutorily expected to follow the principle of nondiscriminatory treatment—can nevertheless compare closely to the application of the explicitly discriminatory antidumping policy. Our results on trade policy substitutability complement other recent research on these increasingly important forms of import protection. Copyright Springer Science+Business Media New York 2013

Suggested Citation

  • Chad Bown, 2013. "How Different Are Safeguards from Antidumping? Evidence from US Trade Policies Toward Steel," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 42(4), pages 449-481, June.
  • Handle: RePEc:kap:revind:v:42:y:2013:i:4:p:449-481
    DOI: 10.1007/s11151-013-9382-z
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    More about this item

    Keywords

    Safeguards; Antidumping; Countervailing duties ; Temporary trade barriers; MFN; F13;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations

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