The Effects of Anti-Dumping Duties in a New Open Economy Macroeconomics Model

Chung-fu LAİ; Xi-tsz LEE

Makale detayları

The Effects of Anti-Dumping Duties in a New Open Economy Macroeconomics Model

Yazarlar:

Chung-fu LAİ | Xi-tsz LEE

Yayıncı:

İlhan ÖZTÜRK

Dergi:

International Journal of Economics and Financial Issues 2016 Vol.6 Issue 3, pp.837-844

Belge Tipi:

Makale

Yayın Tarihi:

4/2016

Belge Dili:

Türkçe

Document ID (Org No.):

2000812926

Sıklık:

İki Aylık

eISSN:

2146-4138

Özet:

 

This paper presents New Open Economy Macroeconomics as the analytical framework in attempt to integrate the characteristics of imperfect competition market and anti-dumping behavior into a two-country (home country and foreign country) model with micro-foundation. We analyze the long-term effect of implementing antidumping duty in home country on various microeconomic variables (i.e. consumption, output, price, exchange rate, and terms of trade) when foreign country engage in dumping behaviors toward the home country. Theoretical inference and simulation analysis of this paper suggests a positive correlation between antidumping duty and domestic consumption, foreign consumption, world consumption, domestic price index, foreign price index, and exchange rate; whereas a negative correlation between antidumping duty and the domestic output, foreign output, and terms of trade. Moreover, the level of volatility in all macroeconomic variables rises when the ratio of export product price selling below its retail price in home country expands.

Makale detayları

The Effects of Anti-Dumping Duties in a New Open Economy Macroeconomics Model

Yazarlar: Chung-fu LAİ | Xi-tsz LEE

Yayıncı: İlhan ÖZTÜRK

Dergi: International Journal of Economics and Financial Issues 2016 Vol.6 Issue 3, pp.837-844

Belge Tipi: Makale

Yayın Tarihi: 4/2016

Belge Dili: Türkçe

Document ID (Org No.): 2000812926

Sıklık: İki Aylık

eISSN: 2146-4138

Sayı

Yazarlar:

Chung-fu LAİ | Xi-tsz LEE

Yayıncı:

İlhan ÖZTÜRK

Dergi:

International Journal of Economics and Financial Issues 2016 Vol.6 Issue 3, pp.837-844

Belge Tipi:

Makale

Yayın Tarihi:

4/2016

Belge Dili:

Türkçe

Document ID (Org No.):

2000812926

Sıklık:

İki Aylık

eISSN:

2146-4138