US Antidumping Petitions and Revealed Comparative Advantage of Shrimp Exporting Countries

DOI

10.2991/icefs-17.2017.6How to use a DOI?

Keywords

Shrimp, antidumping, revealed comparative advantage, panel data model.

Abstract

The paper explores the trade competitiveness of seven major shrimp exporting countries, namely Vietnam, China, Thailand, Ecuador, India, Indonesia and Mexico, to the USA. Specifically, we investigate whether the United States (US) antidumping petitions impact upon the bilateral revealed comparative advantage (RCA) indexes for each of the seven shrimp exporting countries with the USA. Monthly data from January 2003 to December 2014 and the panel data model are used to examine the determinants of the RCA for the shrimp exporting countries. The empirical results show the shrimp exporting countries have superior competitiveness against the shrimp market in the USA. Moreover, the RCA indexes are significantly negatively influenced by shrimp prices, and are positively affected by US income per capita. However, the EMS (Early Mortality Syndrome) shrimp disease, domestic US shrimp quantity, exchange rate, and US antidumping laws are found to have no significant impacts on the RCA indexes. In terms of policy implications, the USA should try to reduce production costs of shrimp in the US market instead of imposing antidumping petitions, and the shrimp exporting countries should maintain their comparative advantage and diversify into new markets.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Chia-Lin Chang
AU  - Michael McAleer
AU  - Dang-Khoa Nguyen
PY  - 2017/01
DA  - 2017/01
TI  - US Antidumping Petitions and Revealed Comparative Advantage of Shrimp Exporting Countries
BT  - Proceedings of the 2017 International Conference on Economics, Finance and Statistics (ICEFS 2017)
PB  - Atlantis Press
SP  - 51
EP  - 70
SN  - 2352-5428
UR  - https://doi.org/10.2991/icefs-17.2017.6
DO  - 10.2991/icefs-17.2017.6
ID  - Chang2017/01
ER  -