Anti-dumping Initiations in Indian Manufacturing Industries

Autor: Surajit Bhattacharyya, Krishnan Narayanan, Sagnik Bagchi
Rok vydání: 2015
Předmět:
Zdroj: South Asia Economic Journal. 16:278-294
ISSN: 0973-077X
1391-5614
DOI: 10.1177/1391561415598462
Popis: Anti-dumping as a new protectionist trade policy has evolved as the popular strategy choice for the trading nations. Since the Uruguay Round of World Trade Organization (WTO) (1994), India has been a prominent user of it. This article attempts to explore the possible factors that might have triggered off 90 percent cases of anti-dumping by five major Indian manufacturing industries over the period 1997–2011. We construct a balanced panel combining data on anti-dumping initiations from the ‘Global Antidumping Database’ with trade data from the Directorate General of Commercial Intelligence and Statistics (DGCI&S)-India and United Nations Comtrade database at the Indian Trade Classification (ITC) based on Harmonized System (HS) two-digit level. Having count data, the empirical model is estimated initially through a random- effects Poisson regression model followed by a negative binomial model. The number of anti-dumping initiations in India is dependent on the value of imports, the presence of a dominant industry lobby and the retaliatory behaviour by the affected domestic firms, among some others. In fact, we find that in determining the number of anti-dumping initiations the conventional economic and foreign affairs policies take a backseat!
Databáze: OpenAIRE