The new trade protection : price effects of antidumping and countervailing measures in the United States
The frequent application of antidumping and countervailing measures in the United States in the 1980s has been described as a new form of protection. The author measures the effect not only of investigations (to evaluation claims of dumping or subsidies) but of the resulting duties, by measuring their impact on import prices. The dataset combines cross-section and time series data for 1981 - 86, making it possible to control for differences across industries and separately measure the effects of duties and investigations. The result suggests that for some sectors the price effect of investigations is as great as imposing a duty. Investigations that endin duties have different effects than those resulting in no action.
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