Implementation of anti-dumping duties on iron and steel products: Effects on the Indonesian economy
DOI:
https://doi.org/10.53088/jerps.v4i2.1141Keywords:
Anti Dumping, Iron and Steel, GTAP-EAbstract
This research aims to empirically study the impact of Indonesia's anti-dumping measures on the performance of related imported products in 2011. Using the GTAP-E model, the region is divided into 9 regions and the industrial sector is grouped into 2 industries. Empirical results indicate that the imposition of a 20% Anti-Dumping Duty (BMAD) is ineffective in restricting trade from targeted countries. The GDP of non-targeted countries increased, but international trade balances correlated negatively with each BMAD imposition. Additionally, domestic prices in Indonesia appear to be high due to the implementation of BMAD, which has resulted in increased prices of iron and steel in the domestic market.
References
Aggarwal, A. (2010). Trade effects of anti-dumping in India: Who benefits? International Trade Journal, 25(1), 112–158. https://doi.org/10.1080/08853908.2011.532047
Statistik Perdagangan Luar Negeri Indonesia Impor 2017 Jilid 1, (2017).
Baran, J. (2015). The impact of Antidumping on EU Trade. IBS Policy Paper, 12(July).
Bown, C. P., & Crowley, M. A. (2007). Trade deflection and trade depression. Journal of International Economics, 72(1), 176–201.
Bown, C. P., & Crowley, M. A. (2016). The empirical landscape of trade policy. Handbook of Commercial Policy, 1, 3–108.
Dang, D. A., & La, H. A. (2021). The Effects of the Temporary Protection on Firm Performances: Evidence from the Steel Industry in Vietnam. Journal of Development Studies, 57(8), 1336–1350. https://doi.org/10.1080/00220388.2020.1862799
Felbermayr, G., & Sandkamp, A. (2020). The trade effects of anti-dumping duties: Firm-level evidence from China. European Economic Review, 122, 103367.
Ganguli, B. (2008). The trade effects of Indian antidumping actions. Review of International Economics, 16(5), 930–941. https://doi.org/10.1111/j.1467-9396.2008.00759.x
Hazem, N., & Zaki, C. (2020). Mind the Measure: On the Effects of Antidumping Investigations in Egypt. Journal of African Trade, 7(1–2), 1. https://doi.org/10.2991/jat.k.201217.001
Kang, J. W., & Ramizo, D. (2020). Impact of antidumping measures on international trade: Growing South–South tensions? Journal of International Trade and Economic Development, 29(3), 334–352. https://doi.org/10.1080/09638199.2019.1676295
Konings, J., Vandenbussche, H., & Springael, L. (2001). Import diversion under European Antidumping Policy. Journal of Industry, Competition and Trade, 1(3), 283–299.
Krugman, P. R., & Obstfeld, M. (2009). International economics: Theory and policy. Pearson Education.
Lee, M., Park, D., & Cui, A. (2013). Invisible trade barriers: Trade effects of US antidumping actions against the People’s Republic of China. ADB Economics Working Paper Series, 378(378), 1–31. https://doi.org/10.2139/ssrn.2474559
Mahajan, A., Chand, P., & Pasumarthi, H. V. (2021). An Analysis of Impact of Anti-dumping Duties on India–China Trade. South Asia Economic Journal, 22(2), 233–249. https://doi.org/10.1177/13915614211035052
Maiti, D. (2018). Anti-Dumping, Competitiveness and Welfare: A Study with Special Reference to India. Department of Economics, 51(1), 147–180.
Malhotra, N., Rus, H., & Kassam, S. (2008). Antidumping duties in the agriculture sector: Trade restricting or trade deflecting? Global Economy Journal, 8(2). https://doi.org/10.2202/1524-5861.1299
Nicholson, W. (2005). Microeconomic theory: basic principles and extensions. South Western Educational Publishing.
Pratiwi, L. (2014). Imposition of Antidumping Duty (BAMD) Towards China’s Cold Rolled Coil/Sheet (CRC/S) Products. Indonesia Law Review, 3(2), 151. https://doi.org/10.15742/ilrev.v3n2.34
Primadhany, E. F., Anggraeni, N., Ihsan, R. N., & Rahman, A. A. (2024). Kebijakan Antidumping Dalam Rangka Meningkatkan Pertumbuhan Ekonomi Di Masa Pasca Pandemi. Journal of Student Research (JSR), 2(3), 32–50.
Prusa, T. J. (2021). The Trade Effects of U.S. Antidumping Actions. World Scientific Studies in International Economics, 77, 191–213. https://doi.org/10.1142/9789811225253_0003
Prusa, T. J., & Vermulst, E. A. (2020). Indonesia-Safeguard on Certain Iron or Steel Products. World Trade Review, 19(2), 152–163. https://doi.org/10.1017/S1474745620000105
Sandkamp, A. (2020). The trade effects of antidumping duties: Evidence from the 2004 EU enlargement. Journal of International Economics, 123, 103307. https://doi.org/10.1016/j.jinteco.2020.103307
Shadikhodjaev, S. (2019). Input Cost Adjustments and WTO Anti-Dumping Law: A Closer Look at the EU Practice. World Trade Review, 18(1), 81–107. https://doi.org/10.1017/S1474745617000568
Silberberger, M., Slany, A., Soegaard, C., & Stender, F. (2022). The Aftermath of Anti-Dumping: Are Temporary Trade Barriers Really Temporary? Open Economies Review, 33(4), 677–704. https://doi.org/10.1007/s11079-021-09639-1
Walmsley, T. L., & Aguiar, A. H. (2012). Introduction to the Global Trade Analysis Project and the GTAP Data Base. 67, 1–19.
Yamashita, N., & Yamauchi, I. (2020). Exports and Innovation : Evidence from Antidumping Duties Against Japanese Firms. 317.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 Sunaini Rofi'ah, Dewi Listiawati
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Copyright @2021. This is an open-access article distributed under the terms of the Creative Commons Attribution-ShareAlike 4.0 International License ( https://creativecommons.org/licenses/by-sa/4.0/)
Journal of Economics and Policy Studies is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
