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Impact of joining the WTO on Ukrainian ferrous metallurgy

Author

Listed:
  • Eremenko Igor
  • Lisenkova Katerina

Abstract

The goal of our research is to study Ukraine’s accession to the WTO referring to one particular sector discussed most hotly in this context: metallurgy. Ukrainian metallurgy has two remarkable features: from one side, steel producers receive substantial subsidies; from the other side, Ukrainian metallurgical exports have been permanently brought under antidumping investigations. The purpose of this research is to study effects of both cases and find impact on metallurgy and total welfare. Results of partial equilibrium model shows that on balance the total gains for the Ukrainian economy are calculated to be above USD 343 million, or 1.1% of GDP, hence, in subsidies-antidumping duel there is no trade-off for Ukrainian economy.

Suggested Citation

  • Eremenko Igor & Lisenkova Katerina, 2005. "Impact of joining the WTO on Ukrainian ferrous metallurgy," EERC Working Paper Series 05-02e, EERC Research Network, Russia and CIS.
    • Handle: RePEc:eer:wpalle:05-02e
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    Citations

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    Cited by:

    1. World Bank, 2005. "Ukraine's Trade Policy : A Strategy for Integration into Global Trade," World Bank Publications - Books, The World Bank Group, number 7431.
    2. World Bank, 2004. "Ukraine : Trade Policy Study, Volume 2. Main Report," World Bank Publications - Reports 15656, The World Bank Group.

    More about this item

    Keywords

    Ukraine; metallurgy; WTO; antidumping; subsidization;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • L61 - Industrial Organization - - Industry Studies: Manufacturing - - - Metals and Metal Products; Cement; Glass; Ceramics
    • H21 - Public Economics - - Taxation, Subsidies, and Revenue - - - Efficiency; Optimal Taxation
    • H25 - Public Economics - - Taxation, Subsidies, and Revenue - - - Business Taxes and Subsidies

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