Heterogeneous responses of firms to trade protection

• 成果类型: Article
• 署名作者: Konings, Jozef; Vandenbussche, Hylke
• 署名单位: Universite Catholique Louvain; Universite Catholique Louvain; Universite Catholique Louvain; Universite Catholique Louvain; KU Leuven; Universite Catholique Louvain
• 刊物名称: JOURNAL OF INTERNATIONAL ECONOMICS
• ISSN/ISSBN: 0022-1996
• DOI: 10.1016/j.jinteco.2008.08.002
• 发表日期: 2008
• 页码: 371-383
• 关键词: total factor productivity; Antidumping protection; firm heterogeneity

摘要

This paper estimates the effect of antidumping protection on the productivity of domestic import-competing firms. Two key results emerge. First, the productivity of the average firm receiving protection moderately improves, but this is never sufficient to close the productivity gap with firms never involved in antidumping cases. Second, allowing for firm heterogeneity reveals that domestic firms with relatively low initial productivity - laggard firms - have productivity gains during protection, while firms with high initial productivity - frontier firms - experience productivity losses during protection. These results are consistent with recent theories showing that trade policy affects firms differently depending on their initial productivity. (C) 2008 Elsevier B.V. All rights reserved.