Emerging economies and the emergence of south-south protectionism
Do exports resume when import-restricting temporary trade barriers such as antidumping are finally removed? To establish the importance of this question for emerging economies, this paper uses newly available data from the World Bank's Temporary Trade Barriers Database to update a number of inter-temporal indicators of import protection along three dimensions: additional time coverage through 2011, additional policy-imposing country coverage, and a more comprehensive depiction of impacted trading partner coverage. It then turns to the emerging economy exporters affected by temporary trade barriers and highlights the economic significance of frequently bilateral import restrictions imposed by other emerging economies, i.e., South-South protectionism. Finally, it then investigates empirically whether country-level exports resume when the previously imposed -- but temporary -- import protection is finally removed. China's exporters respond quickly and aggressively to the market access opening embodied in the removal of such import restrictions. This differs markedly from the slow and tepid export response of other emerging economies, especially when the import protection had been imposed by another emerging economy trading partner. This evidence suggests a previously unidentified long-run cost associated with such South-South protectionism that merits further research and inquiry.
|Date of creation:||01 Aug 2012|
|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.:
- Kee, Hiau Looi & Neagu, Cristina & Nicita, Alessandro, 2010.
"Is protectionism on the rise ? assessing national trade policies during the crisis of 2008,"
Policy Research Working Paper Series
5274, The World Bank.
- Hiau Looi Kee & Cristina Neagu & Alessandro Nicita, 2013. "Is Protectionism on the Rise? Assessing National Trade Policies during the Crisis of 2008," The Review of Economics and Statistics, MIT Press, vol. 95(1), pages 342-346, March.
- Thomas J. Prusa, 1999.
"On the Spread and Impact of Antidumping,"
NBER Working Papers
7404, National Bureau of Economic Research, Inc.
- 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.
- 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.
"Emerging economies, trade policy, and macroeconomic shock,"
Working Paper Series
WP-2012-18, Federal Reserve Bank of Chicago.
- Bown, Chad P. & Crowley, Meredith A., 2014. "Emerging economies, trade policy, and macroeconomic shocks," Journal of Development Economics, Elsevier, vol. 111(C), pages 261-273.
- Bown, Chad P. & Crowley, Meredith A., 2013. "Emerging economies, trade policy, and macroeconomic shocks," Policy Research Working Paper Series 6315, The World Bank.
- Bown, Chad P. & Crowley, Meredith A., 2007.
"Trade deflection and trade depression,"
Journal of International Economics,
Elsevier, vol. 72(1), pages 176-201, May.
- Patrick Messerlin, 2004. "China in the World Trade Organization: Antidumping and Safeguards," Post-Print hal-01019907, HAL.
- Chad P. Bown, 2011.
"Taking Stock of Antidumping, Safeguards and Countervailing Duties, 1990–2009,"
The World Economy,
Wiley Blackwell, vol. 34(12), pages 1955-1998, December.
- Bown, Chad P., 2010. "Taking stock of antidumping, safeguards, and countervailingduties, 1990-2009," Policy Research Working Paper Series 5436, The World Bank.
- 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.
When requesting a correction, please mention this item's handle: RePEc:wbk:wbrwps:6162. 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.