Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/75052 
Erscheinungsjahr: 
2002
Schriftenreihe/Nr.: 
LICOS Discussion Paper No. 122
Verlag: 
Katholieke Universiteit Leuven, LICOS Centre for Transition Economics, Leuven
Zusammenfassung: 
This paper estimates how anti-dumping (AD) protection affects the market power of firms. To this end, we use a rich panel data set of 1,666 EU producers that were involved in AD cases initiated in 1996 to estimate markups of price over marginal cost. Our findings indicate that markups in most cases increase significantly in the period when firms enjoy AD protection compared to a period before protection. In industries where competition is very tough before protection, we fail to find an increase in markups, while in industries with some market power before protection, trade policy raises markups between 3% points and 15 % points, depending on the sector. Our results are robust to alternative specifications and estimation techniques. Our findings are also consistent with recent theoretical models that deal with the economic effects of firm behavior in response to AD protection
Schlagwörter: 
market power
price-cost markups
antidumping cases
European producers
JEL: 
F13
L13
L41
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
115.86 kB





Publikationen in EconStor sind urheberrechtlich geschützt.