Empirical Study on Trade Effects of India's Anti-dumping Policy

By collecting relevant data based on India's anti-dumping cases,it can be concluded that newly industrializing countries and districts such as China,Korea,Chinese Taipei and Thailand and developed countries like USA,European Union and Japan are main target countries of India's anti-dumping policy.These anti-dumping cases aim exactly at products exported with great comparative advantages.Especially,China,whose values of exported products are increasing rapidly with a high market share,becomes the first target country of India's anti-dumping action.A dynamic panel data model is established to empirically analyze the trade destructing effect and trade diversion effect of India's anti-dumping policy,from the perspective of involved countries,and revealed comparative advantage index.Using system-GMM,the empirical study finds that the trade destructing effect as well as the trade diversion effect of anti-dumping measure is weakening as time goes by,and has larger impact than the trade diversion effect of tariff all the time.From the industry competitiveness point of view,it can be seen that anti-dumping actions have great effect on promoting industry competitiveness in India.Significantly,the effect is larger in the industries without comparative advantage.