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Macroeconomic Conditions and Pressures for Protection under Antidumping and Countervailing Duty Laws: Empirical Evidence from the United States

  • Michael P. Leidy

    (International Monetary Fund)

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    Antidumping (AD) and countervailing duty (CVD) procedures are governed by specific rules requiring both injury (by reason of imports) and dumping/subsidies, and thus might be expected to be less susceptible to pressures for protection arising from cyclical movements in the domestic macroeconomy. This paper investigates whether there is a connection between the state of domestic macroeconomic activity and pressures for protection under AD/CVD. Not unlike other forms of protection, the evidence suggests that pressures for protection under AD/CVD have advanced during periods of macroeconomic weakness and receded during periods of macroeconomic strength.

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    Article provided by Palgrave Macmillan in its journal Staff Papers - International Monetary Fund.

    Volume (Year): 44 (1997)
    Issue (Month): 1 (March)
    Pages: 132-144

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    Handle: RePEc:pal:imfstp:v:44:y:1997:i:1:p:132-144
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