This paper presents an empirical study of how U.S. antidumping (AD) actions against China affect China 's inward and outward foreign direct investment (FDI) based on the international division of labor model. Our...This paper presents an empirical study of how U.S. antidumping (AD) actions against China affect China 's inward and outward foreign direct investment (FDI) based on the international division of labor model. Our findings are as follows: (1) The U.S.-China trade deficit has been widened by both downstream firms in China established through vertical FDI and also inward enterprises established through horizontal FDI. The widening deficit in turn exacerbates vitriolic complaints in the U.S. about injury to its industries. This will lead to further U.S. AD actions discouraging FDI in China. (2) U.S. AD cases against China have negatively impacted China's metal manufacturing, chemical and, especially, textile industries in terms of exports and inward FDI. From 2004 to 2009, the share of total inward FDI going to China's manufacturing sector has dropped drastically by almost 20 percent. This supports predictions made using the international division of labor model. (3) With U.S. AD actions against Chinese products on the rise, Chinese firms chose not to circumvent such barriers through outward FDI in the U.S. but rather through outward FDI in tax havens. Such a pattern of outward FDI is not helpful for China to establish its own successful industrial development model.展开更多
It is a new issue worthy of discussion whether accounting has a function of response to lawsuits in the antidumping cases. In the practice of antidumping, accounting should not only take the roles of accounting and su...It is a new issue worthy of discussion whether accounting has a function of response to lawsuits in the antidumping cases. In the practice of antidumping, accounting should not only take the roles of accounting and supervision, but also have the new function of response to lawsuits. On the basis of analyzing the necessity of the extending accounting functions in antidumping accounting, the paper puts forward the extensive functions on the antidumping activities are set out from the five aspects such as complaint, pre-warning, termination, attestation, and minimization of the loss, and so on.展开更多
I. IntroductionSince the erection of WTO in 1995, "dumping" has become a major source of trade disputes among its member countries. The number of antidumping cases pending before various legal forums is clim...I. IntroductionSince the erection of WTO in 1995, "dumping" has become a major source of trade disputes among its member countries. The number of antidumping cases pending before various legal forums is climbing up rapidly. According to data on antidumping practice of 2002 released by the WTO Secretariat, 21 member countries initiated 330 antidumping investigations against exports from a total of 64 different countries or customs territories. Of the 330 investigations, there were 182 cases initiated by developed countries and therest of 148 were initiated by developing countries. China,展开更多
The Price Undertaking Agreement is one of the strategies a company accused of dumping often adopts in dealing with anti-dumping disputes.Using static game analysis,this paper compares the impact that anti-dumping duti...The Price Undertaking Agreement is one of the strategies a company accused of dumping often adopts in dealing with anti-dumping disputes.Using static game analysis,this paper compares the impact that anti-dumping duties and price undertaking agreements may have on an importing country's social welfare and an accused company's market performance.We conclude that,compared with anti-dumping duties,price undertakings improve the importing country's social welfare and reduce the accused company's market share in the import country.We also note that,in addition to the financial benefit,price undertakings can prevent escalation of trade disputes in international trade negotiations.展开更多
Over the past three decades, we have seen a dramatic increase in the incidence oftemporary trade barriers such as antidumping duties and countervailing duties. Chinahas been at the receiving end of a large number of s...Over the past three decades, we have seen a dramatic increase in the incidence oftemporary trade barriers such as antidumping duties and countervailing duties. Chinahas been at the receiving end of a large number of such measures. In this paper, we studyhow China's exports to its major trade partners have been affected when its major tradepartners have used these measures either against China or against other countries. Wefind that Chinese exports to the country that imposed an antidumping duty decreased byapproximately 35 percent. At the same time, an antidumping duty used by the importingcountry that was directed towards other countries but not against China led to anapproximate 30-percent increase in China's exports to the policy-imposing country.These results remain robust across various specifications. Our findings have importantpolicy implications. In particular, the magnitude of these effects highlights why it isimportant to curb the recent widespread use of these barriers.展开更多
This paper provides a comprehensive analysis of the productivity effects of antidumping (AD) measures on Chinese industries. Industry-year panel data and generalized method of moments estimators are used in the empi...This paper provides a comprehensive analysis of the productivity effects of antidumping (AD) measures on Chinese industries. Industry-year panel data and generalized method of moments estimators are used in the empirical analysis. Productivity indicators are calculated using data envelope analysis. The empirical results show that China's industrial total factor productivity has improved under the pressure of AD measures taken by developed countries, and the mechanism inspires technological progress but hurts technological efficiency. Developing countries'AD measures have no significant productivity effects on China's targeted industries, except for slightly positive effects on technological efficiency. These results indicate that China should pay more attention to technological innovation and take different counter-measures for different cases of AD measures展开更多
基金This paper is sponsored by the Chinese National Social Science Foundation Project (grant llBJY142), Chinese MOE Project of Key Research Institute of Humanities and Social Sciences at Universities (grant 08JJD790138), Shanghai Pujiang Program Project (grant 2011C), Shu Guang Project of Shanghai Educational Development Foundation (grant llSGl0) and 985'Third Period Project of Fudan University (grant 2011SHKXZD002).
文摘This paper presents an empirical study of how U.S. antidumping (AD) actions against China affect China 's inward and outward foreign direct investment (FDI) based on the international division of labor model. Our findings are as follows: (1) The U.S.-China trade deficit has been widened by both downstream firms in China established through vertical FDI and also inward enterprises established through horizontal FDI. The widening deficit in turn exacerbates vitriolic complaints in the U.S. about injury to its industries. This will lead to further U.S. AD actions discouraging FDI in China. (2) U.S. AD cases against China have negatively impacted China's metal manufacturing, chemical and, especially, textile industries in terms of exports and inward FDI. From 2004 to 2009, the share of total inward FDI going to China's manufacturing sector has dropped drastically by almost 20 percent. This supports predictions made using the international division of labor model. (3) With U.S. AD actions against Chinese products on the rise, Chinese firms chose not to circumvent such barriers through outward FDI in the U.S. but rather through outward FDI in tax havens. Such a pattern of outward FDI is not helpful for China to establish its own successful industrial development model.
文摘It is a new issue worthy of discussion whether accounting has a function of response to lawsuits in the antidumping cases. In the practice of antidumping, accounting should not only take the roles of accounting and supervision, but also have the new function of response to lawsuits. On the basis of analyzing the necessity of the extending accounting functions in antidumping accounting, the paper puts forward the extensive functions on the antidumping activities are set out from the five aspects such as complaint, pre-warning, termination, attestation, and minimization of the loss, and so on.
文摘I. IntroductionSince the erection of WTO in 1995, "dumping" has become a major source of trade disputes among its member countries. The number of antidumping cases pending before various legal forums is climbing up rapidly. According to data on antidumping practice of 2002 released by the WTO Secretariat, 21 member countries initiated 330 antidumping investigations against exports from a total of 64 different countries or customs territories. Of the 330 investigations, there were 182 cases initiated by developed countries and therest of 148 were initiated by developing countries. China,
文摘The Price Undertaking Agreement is one of the strategies a company accused of dumping often adopts in dealing with anti-dumping disputes.Using static game analysis,this paper compares the impact that anti-dumping duties and price undertaking agreements may have on an importing country's social welfare and an accused company's market performance.We conclude that,compared with anti-dumping duties,price undertakings improve the importing country's social welfare and reduce the accused company's market share in the import country.We also note that,in addition to the financial benefit,price undertakings can prevent escalation of trade disputes in international trade negotiations.
文摘Over the past three decades, we have seen a dramatic increase in the incidence oftemporary trade barriers such as antidumping duties and countervailing duties. Chinahas been at the receiving end of a large number of such measures. In this paper, we studyhow China's exports to its major trade partners have been affected when its major tradepartners have used these measures either against China or against other countries. Wefind that Chinese exports to the country that imposed an antidumping duty decreased byapproximately 35 percent. At the same time, an antidumping duty used by the importingcountry that was directed towards other countries but not against China led to anapproximate 30-percent increase in China's exports to the policy-imposing country.These results remain robust across various specifications. Our findings have importantpolicy implications. In particular, the magnitude of these effects highlights why it isimportant to curb the recent widespread use of these barriers.
文摘This paper provides a comprehensive analysis of the productivity effects of antidumping (AD) measures on Chinese industries. Industry-year panel data and generalized method of moments estimators are used in the empirical analysis. Productivity indicators are calculated using data envelope analysis. The empirical results show that China's industrial total factor productivity has improved under the pressure of AD measures taken by developed countries, and the mechanism inspires technological progress but hurts technological efficiency. Developing countries'AD measures have no significant productivity effects on China's targeted industries, except for slightly positive effects on technological efficiency. These results indicate that China should pay more attention to technological innovation and take different counter-measures for different cases of AD measures