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Who Benefits from Antidumping and Countervailing? An Analysis Using a Computable Partial Equilibrium Model

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  • Yanxiang Kuang
  • Hongjin Xiang

Abstract

The world economy has witnessed a rise use of antidumping (AD) and countervailing (CV) duties in recent years. Using a computable partial equilibrium model, this article simulates the economic and welfare impacts of the US’s AD/CV duties on photovoltaic (PV) products imported from China and Taiwan in 2015. The result shows that the AD/CV duties have significant trade destruction and trade diversion effects, relatively moderate trade deflection and depression effects. In the context of globalization, the AD/CV duties have limited remedial effect on the US PV industry, but the United States bears the biggest welfare loss for its AD/CV duties.

Suggested Citation

  • Yanxiang Kuang & Hongjin Xiang, 2019. "Who Benefits from Antidumping and Countervailing? An Analysis Using a Computable Partial Equilibrium Model," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 55(2), pages 409-426, January.
  • Handle: RePEc:mes:emfitr:v:55:y:2019:i:2:p:409-426
    DOI: 10.1080/1540496X.2018.1515735
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    Cited by:

    1. Mudan Wang & Xianqiang Mao & Youkai Xing & Jianhong Lu & Peng Song & Zhengyan Liu & Zhi Guo & Kevin Tu & Eric Zusman, 2021. "Breaking down barriers on PV trade will facilitate global carbon mitigation," Nature Communications, Nature, vol. 12(1), pages 1-16, December.

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