The New Face of Chinese Industrial Policy: Making Sense of Anti-Dumping Cases in the Petrochemical and Steel Industries
Why have China's petrochemical and steel industries behaved so differently in seeking trade protection through antidumping measures? We argue that the patterning of antidumping actions is best explained in terms of the political economy of economic restructuring in pillar industries and its effect on industry structures. In the petrochemical industry, the shift toward greater horizontal consolidation and vertical integration reduces the collective action problems associated with antidumping petitions among upstream companies. It also weakens downstream companies lobbying in favor of the general protection of highly integrated conglomerates. In the steel industry, by contrast, national industrial policy in the absence of exogenous economic shocks fails to weaken local state interests sufficiently. Fragmented upstream and downstream channels instead persist, with strong odds against upstream suppliers waging a successful defense of material interests.
|Date of creation:||Oct 2010|
|Date of revision:|
|Contact details of provider:|| Postal: Soldiers Field, Boston, Massachusetts 02163|
Web page: http://www.hbs.edu/
More information through EDIRC
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.:
- Chang, Ha-Joon, 1993. "The Political Economy of Industrial Policy in Korea," Cambridge Journal of Economics, Oxford University Press, vol. 17(2), pages 131-57, June.
- Chad P. Bown, 2010.
"China's WTO Entry: Antidumping, Safeguards, and Dispute Settlement,"
in: China's Growing Role in World Trade, pages 281-337
National Bureau of Economic Research, Inc.
- Chad P. Bown, 2007. "China's WTO Entry: Antidumping, Safeguards, and Dispute Settlement," NBER Working Papers 13349, National Bureau of Economic Research, Inc.
- Blonigen, Bruce A. & Bown, Chad P., 2003.
"Antidumping and retaliation threats,"
Journal of International Economics,
Elsevier, vol. 60(2), pages 249-273, August.
- Nelson, Douglas, 2006. "The political economy of antidumping: A survey," European Journal of Political Economy, Elsevier, vol. 22(3), pages 554-590, September.
- Bruce A. Blonigen & Thomas J. Prusa, 2001. "Antidumping," NBER Working Papers 8398, National Bureau of Economic Research, Inc.
- Thomas J. Prusa & Susan Skeath, 2001.
"The Economic and Strategic Motives for Antidumping Filings,"
NBER Working Papers
8424, National Bureau of Economic Research, Inc.
- Thomas Prusa & Susan Skeath, 2002. "The economic and strategic motives for antidumping filings," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 138(3), pages 389-413, September.
- Patrick A. Messerlin, 2004. "China in the World Trade Organization: Antidumping and Safeguards," World Bank Economic Review, World Bank Group, vol. 18(1), pages 105-130.
- Sleuwaegen, Leo & Belderbos, Rene & Jie-A-Joen, Clive, 1998.
"Cascading contingent protection and vertical market structure,"
International Journal of Industrial Organization,
Elsevier, vol. 16(6), pages 697-718, November.
- Rene Belderbos & Clive Jie a Joen & Leo Sleuwaegen, 1995. "Cascading Contigent Protection and Vertical Market Structure," Discussion Paper Series a310, Institute of Economic Research, Hitotsubashi University.
- Krupp, Corinne M. & Skeath, Susan, 2002. "Evidence on the upstream and downstream impacts of antidumping cases," The North American Journal of Economics and Finance, Elsevier, vol. 13(2), pages 163-178, August.
When requesting a correction, please mention this item's handle: RePEc:hbs:wpaper:11-042. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Soebagio Notosoehardjo)
If references are entirely missing, you can add them using this form.