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Countervailing Duties in the USA

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  • Jai S. Mah

    (Dankook University)

Abstract

This paper reveals the characteristics of the ITC's decisions on countervailing duties, which have seldom been studied. The empirical evidences based on time series data show that there is a long run equilibrium relationship between affirmative countervailing decisions and macroeconomic variables such as economic growth rates and import penetration ratios. The error correction models show that there is a unidirectional causality from affirmative countervailing decisions to slower economic growth.

Suggested Citation

  • Jai S. Mah, 2003. "Countervailing Duties in the USA," Working papers 2003-45, University of Connecticut, Department of Economics.
    • Handle: RePEc:uct:uconnp:2003-45
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    References listed on IDEAS

    as
    1. Wendy L Hansen & Thomas J Prusa, 2021. "Cumulation and ITC decision-making: The sum of the parts is greater than the whole," World Scientific Book Chapters, in: Thomas J Prusa (ed.), Economic Effects of Antidumping, chapter 9, pages 171-194, World Scientific Publishing Co. Pte. Ltd..
    2. J.M. Finger & H. Keith Hall & Douglas R. Nelson, 2002. "The Political Economy of Administered Protection," Chapters, in: Institutions and Trade Policy, chapter 8, pages 81-95, Edward Elgar Publishing.
    3. Engle, Robert & Granger, Clive, 2015. "Co-integration and error correction: Representation, estimation, and testing," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 39(3), pages 106-135.
    4. Johansen, Soren, 1991. "Estimation and Hypothesis Testing of Cointegration Vectors in Gaussian Vector Autoregressive Models," Econometrica, Econometric Society, vol. 59(6), pages 1551-1580, November.
    5. Johansen, Soren, 1988. "Statistical analysis of cointegration vectors," Journal of Economic Dynamics and Control, Elsevier, vol. 12(2-3), pages 231-254.
    6. Marvel, Howard P & Ray, Edward John, 1995. "Countervailing Duties," Economic Journal, Royal Economic Society, vol. 105(433), pages 1576-1593, November.
    7. Moore, Michael O, 1992. "Rules or Politics? An Empirical Analysis of ITC Anti-dumping Decisions," Economic Inquiry, Western Economic Association International, vol. 30(3), pages 449-466, July.
    8. Granger, C. W. J., 1988. "Some recent development in a concept of causality," Journal of Econometrics, Elsevier, vol. 39(1-2), pages 199-211.
    9. Jai Mah, 2000. "Antidumping decisions and macroeconomic variables in the USA," Applied Economics, Taylor & Francis Journals, vol. 32(13), pages 1701-1709.
    10. Bruce A. Blonigen & Thomas J. Prusa, 2001. "Antidumping," NBER Working Papers 8398, National Bureau of Economic Research, Inc.
    11. Jai S. Mah, 2000. "The United States’ Anti‐dumping Decisions Against the Northeast Asian Dynamic Economies," The World Economy, Wiley Blackwell, vol. 23(5), pages 721-732, May.
    12. Robert Baldwin & Jeffrey Steagall, 1994. "An analysis of ITC decisions in antidumping, countervailing duty and safeguard cases," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 130(2), pages 290-308, June.
    13. Michael P. Leidy, 1997. "Macroeconomic Conditions and Pressures for Protection under Antidumping and Countervailing Duty Laws: Empirical Evidence from the United States," IMF Staff Papers, Palgrave Macmillan, vol. 44(1), pages 132-144, March.
    14. Lee, Kyung-Ho & Mah, Jai S., 2003. "Institutional changes and antidumping decisions in the United States," Journal of Policy Modeling, Elsevier, vol. 25(6-7), pages 555-565, September.
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    More about this item

    Keywords

    trade protection; countervailing duties; ITC;
    All these keywords.

    JEL classification:

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

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