英文摘要 |
The paper conducts a theoretical analysis of the effect of the Byrd Amendment, which amended the U.S. antidumping law to allow the revenue from antidumping duties imposed on foreign firms to be distributed to domestic import-competing firms that lodged the complaint of dumping. Whereas the Byrd Amendment had been the subject of a dispute between the U.S. and several WTO member countries, many trade theorists paradoxically found the Byrd Amendment can yield lower duties and greater import volume than in its absence, thereby benefitting not only the home firms but also the foreign firms. On the contrary, this paper shows that the Byrd Amendment provides an incentive for domestic firms to adjust sales so as to shift the dumping margin in its favor. The outcome is that the foreign firms are more likely to be found guilty of dumping, and the resultant level of antidumping duty becomes higher after the presence of the Byrd Amendment. |