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Dumping - One of Those Economic Myths

Author

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  • Kerr, William A.

Abstract

Dumping is one of the most poorly understood and contentious issues in trade policy. The primary reason is that the agreed definitions of dumping are not based on a solid economic foundation. This allows antidumping measures to be used for protectionist ends and to harass trade partners. While putting antidumping measures on a sounder economic foundation in international law may be difficult given their popularity with politicians, no progress can be made until economists provide a theoretically sustainable definition of dumping and devise a set of transparent criteria for determining if dumping is occurring. This paper explains the difficulties with the current definitions of dumping and outlines an agenda for future progress.

Suggested Citation

  • Kerr, William A., 2001. "Dumping - One of Those Economic Myths," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 2(2), pages 1-10.
    • Handle: RePEc:ags:ecjilt:23876
    DOI: 10.22004/ag.econ.23876
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    Citations

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    Cited by:

    1. Goodloe, Carol, 2004. "Trading Remedies To Remedy Trade: The Nafta Experience; Discussion," Proceedings of the 8th Agricultural and Food Policy Systems Information Workshop, 2002: Keeping the Borders Open 16927, Farm Foundation, Agricultural and Food Policy Systems Information Workshops.
    2. Sangeeta Khorana & Nicholas Perdikis & May T. Yeung & William A. Kerr, 2010. "Bilateral Trade Agreements in the Era of Globalization," Books, Edward Elgar Publishing, number 13719.
    3. Barichello, Richard R., 2004. "Anti-Dumping In Agriculture Between Canada And The United States: Two Cases Of Tomatoes," Proceedings of the 8th Agricultural and Food Policy Systems Information Workshop, 2002: Keeping the Borders Open 16941, Farm Foundation, Agricultural and Food Policy Systems Information Workshops.
    4. Kerr, William A., 2005. "Special and Differential Treatment: A Mechanism to Promote Development?," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 6(2), pages 1-11.

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    Keywords

    International Relations/Trade;

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