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The Economic Effects Of Anti-Dumping And Anti-Subsidy Policies Among China, The U.S. And The Eu: The Photovoltaic Industry

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  • HUA WANG

    (School of Economics and Finance, Xi’an Jiaotong University, Xi’an, Shaanxi 710061, China†School of Foreign Studies, Xi’an Jiaotong University, Xi’an, Shaanxi 710061, China)

  • JUE WANG

    (School of Economics and Finance, Xi’an Jiaotong University, Xi’an, Shaanxi 710061, China)

  • ZHONGXIAN FENG

    (#x2020;School of Foreign Studies, Xi’an Jiaotong University, Xi’an, Shaanxi 710061, China)

Abstract

Since the end of 2011, the U.S., the European Union (EU) and China have been searching for a trade remedy regarding each other’s photovoltaic (PV) industry. Based on the perspective of the value chain of Global Solar Energy PV industry, this paper examines related factors including the tax rate imposed on the PV industry, and uses the global simulation model (GSIM) to predict the trade impact and welfare effects generated from the “double-anti” policy (anti-dumping laws with countervailing duties). The results of the research showed that China has not yet formed a complete value chain of the PV industry that is internationally competitive. The economic effect of the “double-anti” policy on China as a result of the EU is more pronounced than that with the U.S. The “double-anti” policy will have a negative impact on China’s low carbon economy development. The authors conclude that the development of polycrystalline silicon in China needs to be supported by forcible policy measures and targeted measures are proposed.

Suggested Citation

  • Hua Wang & Jue Wang & Zhongxian Feng, 2018. "The Economic Effects Of Anti-Dumping And Anti-Subsidy Policies Among China, The U.S. And The Eu: The Photovoltaic Industry," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 63(03), pages 513-534, June.
    • Handle: RePEc:wsi:serxxx:v:63:y:2018:i:03:n:s0217590817400136
    DOI: 10.1142/S0217590817400136
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    References listed on IDEAS

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    1. Robert W. Staiger & Frank A. Wolak, 1994. "Measuring Industry-Specific Protection: Antidumping in the United States," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 25(1994 Micr), pages 51-118.
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    Cited by:

    1. Cheng, Lu & Mi, Zhifu & Coffman, D'Maris & Meng, Jing & Chang, Dongfeng, 2021. "Destruction and Deflection: Evidence from American Antidumping Actions against China," Structural Change and Economic Dynamics, Elsevier, vol. 57(C), pages 203-213.
    2. Hao Cai & Ling Liang & Jing Tang & Qianxian Wang & Lihong Wei & Jiaping Xie, 2019. "An Empirical Study on the Efficiency and Influencing Factors of the Photovoltaic Industry in China and an Analysis of Its Influencing Factors," Sustainability, MDPI, vol. 11(23), pages 1-22, November.
    3. Yiping Liu & Jian Chen & Lingjun Wang, 2020. "Research on Self-Organizing Evolution Level of China’s Photovoltaic Industry Chain System," Sustainability, MDPI, vol. 12(5), pages 1-22, February.

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