期刊名称:CORE Discussion Papers / Center for Operations Research and Econometrics (UCL), Louvain
出版年度:2009
卷号:1
出版社:Center for Operations Research and Econometrics (UCL), Louvain
摘要:Firms protected by antidumping measures do not unequivocally benefit from them. Antidumping
protection benefits non-exporters active on the protected market by raising their domestic sales, but
hurts exporters of similar products as the protected ones. Export sales of protected firms fall by
almost 8% compared to a relevant control group of unprotected firms. This effect more than doubles
for firms that are global, i.e. firms with foreign affiliates. Measured at the product-level, extra-EU
exports of goods protected by antidumping fall by 36% while exports to target countries fall by as
much as 66% following protection. Protection also has an effect on the extensive margin, by raising
the probability to start exporting for firms that were initially non-exporters. Existing exporters face
a higher probability to stop exporting during protection. Finally, we find that the productivity of
exporters falls while that of non-exporters rises during antidumping protection. We offer a number
of plausible explanations for our findings that stem from the heterogeneous firm literature. We also
discuss the importance of our findings for policy.