U.S. antidumping: much ado about zeroing
The United States use of"zeroing"in its antidumping procedures has become a political flash point threatening some legitimacy of the WTO's dispute settlement system. This paper provides a positive analysis of the zeroing issue, explains how it has evolved and who is likely to be affected by it. The authors use economic theory to identify how export price volatility accentuates the impact of zeroing on the size of U.S. antidumping tariffs and review the WTO caseload over zeroing. They describe the impact that the U.S.'s retrospective system for assessing antidumping margins has on zeroing and the political economy implications as the U.S. struggles to generate policy reform. The authors survey existing evidence of the impact of the zeroing on dumping margins and contribute their own evidence to suggest that zeroing is just as likely to impact the size of U.S. antidumping duties applied on developing country exportsas developed economy exports. Thus while developed economies have filed the vast majority of WTO disputes against the U.S. over zeroing, the authors conclude that zeroing is also likely a relevant issue for developing country exporters as over 60 percent of the product lines currently subject to U.S. antidumping are exported by developing countries.
|Date of creation:||01 Jun 2010|
|Date of revision:|
|Contact details of provider:|| Postal: 1818 H Street, N.W., Washington, DC 20433|
Phone: (202) 477-1234
Web page: http://www.worldbank.org/
More information through EDIRC
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.:
- Bown, Chad P., 2005.
"Trade remedies and World Trade Organization dispute settlement : Why are so few challenged?,"
Policy Research Working Paper Series
3540, The World Bank.
- Chad P. Bown, 2005. "Trade Remedies and World Trade Organization Dispute Settlement: Why Are So Few Challenged?," The Journal of Legal Studies, University of Chicago Press, vol. 34(2), pages 515-555, 06.
- Hylke Vandenbussche & Maurizio Zanardi, 2006.
"The Global Chilling Effects of Antidumping Proliferation,"
LICOS Discussion Papers
16706, LICOS - Centre for Institutions and Economic Performance, KU Leuven.
- Vandenbussche, Hylke & Zanardi, Maurizio, 2006. "The Global Chilling Effects of Antidumping Proliferation," CEPR Discussion Papers 5597, C.E.P.R. Discussion Papers.
- Vandenbussche, H. & Zanardi, M., 2006. "The Global Chilling Effects of Antidumping Proliferation," Discussion Paper 2006-12, Tilburg University, Center for Economic Research.
- VANDENBUSSCHE, Hylke & ZANARDI, Maurizio, 2006. "The global chilling effects of antidumping proliferation," CORE Discussion Papers 2006038, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Hylke, VANDENBUSSCHE & Maurizio, ZANARDI, 2006. "The Global Chilling Effects of Antidumping Proliferation," Discussion Papers (ECON - Département des Sciences Economiques) 2006009, Université catholique de Louvain, Département des Sciences Economiques.
- Peter Egger & Douglas Nelson, .
"How Bad is Antidumping?: Evidence from Panel Data,"
07/17, University of Nottingham, GEP.
- Choi, E. Kwan & Harrigan, James, 2003. "Handbook of International Trade," Staff General Research Papers 11375, Iowa State University, Department of Economics.
- Michael M. Knetter & Thomas J. Prusa, 2000.
"Macroeconomic Factors and Antidumping Filings: Evidence from Four Countries,"
NBER Working Papers
8010, National Bureau of Economic Research, Inc.
- Knetter, Michael M. & Prusa, Thomas J., 2003. "Macroeconomic factors and antidumping filings: evidence from four countries," Journal of International Economics, Elsevier, vol. 61(1), pages 1-17, October.
- Thomas Prusa & Michael Knetter, 2000. "Macroeconomic Factors and Antidumping Filings: Evidence from Four Countries," Departmental Working Papers 200023, Rutgers University, Department of Economics.
- Kimberly Ann Elliott & Thomas O. Bayard, 1994. "Reciprocity and Retaliation in U.S. Trade Policy," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 78.
- Bown, Chad P. & Sykes, Alan O., 2008. "The Zeroing Issue: a critical analysis of Softwood V," World Trade Review, Cambridge University Press, vol. 7(01), pages 121-142, January.
- Thomas J. Prusa, 1999.
"On the spread and impact of antidumping,"
Departmental Working Papers
199916, Rutgers University, Department of Economics.
- Crowley, Meredith & Howse, Robert, 2010. "US–Stainless Steel (Mexico)," World Trade Review, Cambridge University Press, vol. 9(01), pages 117-150, January.
- Bown, Chad P. & Crowley, Meredith A., 2010.
"Self-enforcing trade agreements : evidence from time-varying trade policy,"
Policy Research Working Paper Series
5223, The World Bank.
- Chad P. Bown & Meredith A. Crowley, 2013. "Self-Enforcing Trade Agreements: Evidence from Time-Varying Trade Policy," American Economic Review, American Economic Association, vol. 103(2), pages 1071-90, April.
- Chad P. Bown, 2007.
"China's WTO Entry: Antidumping, Safeguards, and Dispute Settlement,"
NBER Working Papers
13349, National Bureau of Economic Research, Inc.
- Chad P. Bown, 2010. "China's WTO Entry: Antidumping, Safeguards, and Dispute Settlement," NBER Chapters, in: China's Growing Role in World Trade, pages 281-337 National Bureau of Economic Research, Inc.
- Bruce A. Blonigen & Thomas J. Prusa, 2001. "Antidumping," NBER Working Papers 8398, National Bureau of Economic Research, Inc.
When requesting a correction, please mention this item's handle: RePEc:wbk:wbrwps:5352. 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: (Roula I. Yazigi)
If references are entirely missing, you can add them using this form.