Date of Award

4-2020

Degree Type

Dissertation/Thesis

Advisor(s)

Miaojie Yu

Second Advisor

Zhaohui (George) Hong

Abstract

After forty years of momentous growth, China has become the second largest global economic entity, only after the United States. The rapid development of Sino-American trade has been accompanied by increasing trade imbalance, frictions, and conflicts. Both countries have relied on the anti-dumping measures to protect their domestic industries. Grounded in both international trade theories and empirical evidence, this study conducts a systematic analysis of anti-dumping strategies by the U.S. and China, including their causes, processes, short-term outcomes and long-term consequences. The dissertation is divided into two main parts.

Part One provides an overview of the policies and practices of dumping and anti-dumping, as well as international trade theories, including the gravity model, Cournot model, mutual dumping theory, and Heckcher-Orin-Samuelson (H-O-S) theorem. The study examines the causes for corporate expansion and presents a new interpretation of the motivations for dumping based on the corporate experience and perspective. Under the theory of enterprise heterogeneity with authentic cases, the study investigates deeply into the heretofore unexplored causes for anti-dumping and articulates the positive role of product heterogeneity in responding to anti-dumping litigations and negotiations.

Part two uses empirical evidence from case studies to evaluate the U.S. anti-dumping activities on the Chinese exports. Drawing upon the author’s personal experience in the two specific cases, this study offers a detailed and authentic account of the motivations, processes and impacts of both dumping behavior and anti-dumping practices. It also puts forward the concept of “two-way annihilation effect” as a way of interpreting the lasting impact of anti-dumping actions. Meanwhile, its examination of the determining factors in bilateral trade with the gravity model is enhanced by its own analytical model to interpret the “chilling effect” of U.S. anti-dumping practices on China's total exports. Furthermore, while surveying the positive development of Sino-American trade at a macro level, this study also scrutinizes the objective and subjective factors that have contributed to their trade imbalance and frictions at the micro level. It concludes that enterprise heterogeneity and mutual complementarity between American and Chinese corporate entities can optimize their trade relations in the era of globalization.

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