| This study focuses on anti-dumping investigations that U.S. industries launched successfully against Chinese agriculture from 1990-2013. We investigate trade destruction and trade diversion with a panel of monthly U.S. import trade data at the 10-digit HS code level. Our study is an improvement over the existing literature because we use very disaggregated high frequency data. The results are novel because we are the first to disentangle the investigation effect fully. We find evidence of trade destruction and trade diversion, but the absence of an investigation effect regarding the value or quantity of U.S. imports (i.e., the intensive trade margin). Moreover, we find an investigation effect on the number of non-named countries that the U.S. imports from (i.e., the extensive trade margin). Our results suggest the larger the import duty is, the more substantial are its destruction and diversion impacts. Lastly, our findings indicate that anti-dumping duties imposed on imports of agricultural products from China cause price adjustments by Chinese firms and by firms in non-named countries. |
