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EU Anti‐dumping Measures against ASEAN Countries: Impact on Trade Flows*
Author(s) -
Cuyvers Ludo,
Dumont Michel
Publication year - 2005
Publication title -
asian economic journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.345
H-Index - 28
eISSN - 1467-8381
pISSN - 1351-3958
DOI - 10.1111/j.1467-8381.2005.00212.x
Subject(s) - trade diversion , dumping , international trade , international economics , economics , estimation , trade creation , european commission , eu countries , developing country , value (mathematics) , trade barrier , business , european union , international free trade agreement , economic growth , management , machine learning , computer science
In the present paper, anti‐dumping (AD) duties levied by the European Commission against products from ASEAN countries in the period 1991–2001 have been considered. The ASEAN countries were among the countries most targeted by AD measures imposed by the EU in the 1990s. A panel regression has been applied to estimate the impact of AD duties on trade in some 12 products that have been subject to AD duties targeting ASEAN countries in the period considered. A significant negative impact of AD duties is found, on both the value and the quantity of imports from ASEAN countries. Our estimation provides some (although not overwhelming) indications of trade diversion in favor of EU countries, but no evidence of trade diversion in favor of non‐targeted non‐EU countries.