Anti-dumping Initiations in Indian Manufacturing Industries. (September 2015)

• Record Type: Journal Article
• Authors: Bagchi, Sagnik; Bhattacharyya, Surajit; Narayanan, K.
• Is Part Of: South Asia economic journal. Volume 16:Number 2(2015:Sep.)
• Page Start: 278
• Page End: 294
• Publication Date: 2015-09
• Subjects: F13 -- F14 -- L40 -- C23; Anti-dumping -- manufacturing industries -- count data -- Poisson model -- negative binomial model; South Asia -- Economic conditions -- Periodicals; South Asia -- Economic policy -- Periodicals; Periodicals; 330.95405
• DOI: 10.1177/1391561415598462
• Languages: English
• ISSNs: 1391-5614

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!