Have Antidumping Measures of EU and NAFTA Members against East Asian Countries Provoked Retaliatory Responses?
The paper examines antidumping initiations and measures since the founding of the World Trade Organization on 1 January 1995. The antidumping initiations and measures undertaken by and against the members of the North American Free Trade Agreement (NAFTA) and the European Union (EU) vis-à-vis Japan and 10 other major East Asian economies are compared with total initiations and measures undertaken against all foreign suppliers. The antidumping actions relative to global trade shares (both exports and imports) are used to derive measures of the intensity of use of antidumping. The bilateral trade and antidumping activity data are compared for 11 Asian countries and their partners in NAFTA and the EU. These indicators reveal that NAFTA and EU members use antidumping actions more intensively against East Asia than the trade shares of Asian countries alone would suggest. Separately, additional data on bilateral incidence of antidumping initiations and measures are organized into three discrete time periods: 1990–1994, 1995–1999, and 2000–2004 using the Global Antidumping Database (Version 3.0). One expects the initiations and measures of East Asia against partners in NAFTA and the EU to rise if the East Asian economies have been retaliating. Three case studies of other possible forms of retaliation involving the WTO dispute resolution mechanism and industry-specific antidumping threats involving Asian complainants versus partners in NAFTA are presented. In particular, the paper seeks to demonstrate that, in the parlance of game theory, current antidumping arrangements are a negative sum game. Some reform measures that might be applied to limit the damage are proposed.
|Date of creation:||Dec 2008|
|Date of revision:|
|Contact details of provider:|| Postal: P.O. Box 789, Manila|
Fax: (63-2) 636-2648
Web page: http://www.adb.org
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.:
- Bruce A. Blonigen & Chad P. Bown, 2001.
"Antidumping and Retaliation Threats,"
NBER Working Papers
8576, National Bureau of Economic Research, Inc.
- Nuno Limao, 2006. "Preferential Trade Agreements as Stumbling Blocks for Multilateral Trade Liberalization: Evidence for the United States," American Economic Review, American Economic Association, vol. 96(3), pages 896-914, June.
- Prusa, Thomas J., 1992. "Why are so many antidumping petitions withdrawn?," Journal of International Economics, Elsevier, vol. 33(1-2), pages 1-20, August.
- Bhagwati, Jagdish, 2008. "Termites in the Trading System: How Preferential Agreements Undermine Free Trade," OUP Catalogue, Oxford University Press, number 9780195331653, May.
- Bown, Chad P., 2005. "Global antidumping database version 1.0," Policy Research Working Paper Series 3737, The World Bank.
When requesting a correction, please mention this item's handle: RePEc:ris:adbewp:0144. 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: (Maria Susan M. Torres)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.