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How Different are Safeguards from Antidumping? Evidence from US Trade Policies toward Steel

Use of temporary trade barriers has proliferated across countries, industries, and even policy instruments. This paper constructs a panel of bilateral, product-level United States steel imports that are matched to a unique data set on trade policy...

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Bibliographic Details
Main Author: Bown, Chad P.
Language:English
en_US
Published: World Bank, Washington, DC 2013
Subjects:
AD VALOREM
AGGREGATE TRADE
AGREEMENT ON SAFEGUARDS
AGREEMENT ON SUBSIDIES
ANTIDUMPING
ANTIDUMPING ACTIONS
ANTIDUMPING POLICIES
ANTIDUMPING POLICY
ANTIDUMPING PROCESS
APPLIED TARIFF
BASIC TRADE POLICY
BUSINESS CYCLES
COMMERCE
COMMERCIAL POLICY
CONSTRUCTION
COUNTERVAILING DUTIES
COUNTERVAILING MEASURES
COUNTRY MARKETS
CUSTOMS
CUSTOMS UNION
DEVELOPING COUNTRIES
DIFFERENTIAL TREATMENT
DOMESTIC DEMAND
DOMESTIC INDUSTRY
DOMESTIC PRODUCERS
DOMESTIC SUBSIDIES
EQUILIBRIUM
EUROPEAN UNION
EXCHANGE RATE
EXCHANGE RATES
EXPORT PRODUCTS
EXPORT SUPPLY
EXPORTERS
EXPORTING COUNTRIES
EXPORTING COUNTRY
EXPORTS
FAIR
FOREIGN COMPETITORS
FOREIGN COUNTRIES
FOREIGN COUNTRY
FOREIGN EXPORTERS
FOREIGN FIRM
FOREIGN FIRMS
FOREIGN PRODUCERS
FOREIGN SOURCES
FOREIGN SUBSIDIES
GENERAL AGREEMENT ON TARIFFS
IMPORT DATA
IMPORT PRODUCT
IMPORT PRODUCTS
IMPORT PROTECTION
IMPORT RESTRICTION
IMPORT RESTRICTIONS
IMPORT TARIFFS
IMPORT VALUE
IMPORT VOLUME
IMPORTED PRODUCTS
INTERNATIONAL AGREEMENT
INTERNATIONAL AGREEMENTS
INTERNATIONAL BANK
INTERNATIONAL ECONOMICS
INTERNATIONAL TRADE
INTERNATIONAL TRADE AGREEMENTS
INTERNATIONAL TRADE COMMISSION
INVENTORIES
MACROECONOMIC FLUCTUATIONS
MACROECONOMIC SHOCKS
MANAGED TRADE
MARKET ACCESS
MARKET POWER
MARKET SHARE
MULTILATERAL POLICY
OPTIMAL TARIFFS
POLICY RESEARCH
PREFERENTIAL ACCESS
PREFERENTIAL TRADE
PREFERENTIAL TRADE AGREEMENT
PREFERENTIAL TRADE AGREEMENTS
PREFERENTIAL TREATMENT
QUANTITATIVE RESTRICTIONS
SAFEGUARD ACTIONS
SAFEGUARD MEASURES
SAFEGUARD PROTECTION
SOURCING
SPREAD
SUBSTITUTE
SUBSTITUTES
SUBSTITUTION
SUNSET REVIEWS
SUPPLIER
SUPPLIERS
SUSPENSION AGREEMENT
SUSPENSION AGREEMENTS
TARIFF LEVELS
TARIFF RATE
TARIFF RATE QUOTA
TARIFF RATES
TARIFF SCHEDULE
TARIFF-RATE QUOTA
TRADE AGREEMENTS
TRADE BARRIER
TRADE BARRIERS
TRADE DATA
TRADE DEFLECTION
TRADE DISPUTE
TRADE DISPUTES
TRADE DIVERSION
TRADE EFFECTS
TRADE FLOWS
TRADE LAW
TRADE LAWS
TRADE NEGOTIATORS
TRADE POLICIES
TRADE POLICY
TRADE PROTECTION
TRADE VOLUME
TRADEMARK
TRADING SYSTEM
VALUE OF IMPORTS
WELFARE LOSSES
WORLD TRADE
WORLD TRADE ORGANIZATION
Online Access:http://documents.worldbank.org/curated/en/2013/03/17408337/different-safeguards-antidumping-evidence-trade-policies-toward-steel
http://hdl.handle.net/10986/13158
Description
Summary:Use of temporary trade barriers has proliferated across countries, industries, and even policy instruments. This paper constructs a panel of bilateral, product-level United States steel imports that are matched to a unique data set on trade policy exclusions that are associated with the 2002 United States steel safeguard in order to compare the trade impacts that result from application of various temporary trade barrier policies over 1989-2003. The analysis finds that the trade effects of an applied safeguard -- which is statutorily expected to follow the principle of nondiscriminatory treatment -- can nevertheless compare closely with the application of the explicitly discriminatory antidumping policy. The results on trade policy substitutability complement other recent research on these increasingly important forms of import protection.

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