Countervailing Duties in the USA

Publication Year:
2003
Usage 343
Downloads 287
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Repository URL:
https://opencommons.uconn.edu/econ_wpapers/200345
Author(s):
Mah, Jai S.
Tags:
trade protection; countervailing duties; ITC
paper description
This paper reveals the characteristics of the ITC's decisions on countervailing duties, which have seldom been studied. The empirical evidences based on time series data show that there is a long run equilibrium relationship between affirmative countervailing decisions and macroeconomic variables such as economic growth rates and import penetration ratios. The error correction models show that there is a unidirectional causality from affirmative countervailing decisions to slower economic growth.