Dumping: Trade Policy in Need of a Theoretical Make Over*

William Kerr

Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, 2006, vol. 54, issue 1, 11-31

Abstract: But sufficient justification is to be found in the usage of the most authoritative writers and in the considerations of economy and precision of terminology for confining the term dumping to price‐discrimination between national markets (original emphasis). Jacob Viner (1923, p. 3)1 Anti‐dumping cases are on the rise internationally and are becoming a major weapon in the protectionist arsenal. The definitions of dumping, however, are not based on theoretically sound economic reasoning meaning firms are often falsely accused of engaging in unfair pricing practices when exporting. The historic bases of the current definitions are outlined and their theoretical deficiencies fully explained. Suggestions are made regarding how the definition of dumping used in international law could be put on a sound economic basis. Les cas d'antidumping sont internationalement à la hausse et deviennent une arme importante dans l'arsenal du protectionniste.Cependant, les définitions de dumping ne sont pas basées sur un raisonnement économique théoriquement sains, c'est à dire les firmes exportatrices sont souvent faussement accusées de s'engager dans des pratiques de tarification favorables. Les bases historiques des définitions courantes sont décrites et leurs insuffisances théoriques sont entièrement expliquées. Des suggestions sont faites concernant la façon dont la définition de dumping dans le droit international pourrait être basée sur des concepts économiques solides.

Date: 2006
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (16)

Downloads: (external link)
https://doi.org/10.1111/j.1744-7976.2006.00036.x

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:canjag:v:54:y:2006:i:1:p:11-31

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0008-3976

Access Statistics for this article

More articles in Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie from Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().