Anti-dumping Initiations in Indian Manufacturing Industries
Sagnik Bagchi,
Surajit Bhattacharyya () and
K. Narayanan
South Asia Economic Journal, 2015, vol. 16, issue 2, 278-294
Abstract:
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!
Keywords: Anti-dumping; manufacturing industries; count data; Poisson model; negative binomial model (search for similar items in EconPapers)
JEL-codes: C23 F13 F14 L40 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:sae:soueco:v:16:y:2015:i:2:p:278-294
DOI: 10.1177/1391561415598462
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