反傾銷政策、出口與對外直接投資──台灣之實證分析

ANTIDUMPING POLICY, EXPORTS, AND FOREIGN DIRECT INVESTMENT: AN EMPIRICAL ANALYSIS OF TAIWAN

反傾銷控訴對台灣廠商出口之影響，目前尚缺乏整體性之研究，本研究以70件台灣上市公司涉案的反傾銷案例為研究對象，同時考慮對外直接投資所扮演的角色。實證結果指出，總的來說，反傾銷控訴對台灣廠商涉案產品之出口有負面影響。進一步，若被控廠商執行對外直接投資則對出口有利，可以減緩受控訴後出口的負面影響。然而，若廠商選擇中國大陸為投資地點，這項好處則會消失。

There is currently no comprehensive study of the impact of antidumping allegations on the exports of Taiwanese firms. This research focuses on 70 antidumping allegations involving companies listed in Taiwan, taking into consideration the role of foreign direct investment (FDI). The empirical analysis shows that, in general, antidumping allegations negatively influence the exports of the Taiwanese firms involved. Further, for companies engaged in FDI, such activities were favorable to their exports and helped mitigate the negative effects of the antidumping allegations. The favorable influence, however, does not exist if a firm chose Mainland China as their target country for investment.