Antidumping Petition: To File or Not To File

Given the “normal value†of a product as common knowledge in an import-competing market, the profitability of a home firm in filing an antidumping (AD) petition against its foreign rival is shown to depend on the marginal cost differential between the home and foreign firms. When the marginal cost differential is “significantly large,†the home firm's ability to put the foreign firm at the risk of an AD violation is limited. But when the marginal cost differential is “significantly small,†the home firm is able to increase its output and lower the price of the product below its normal value, putting the foreign firm in the situation of an illegal dumping. One interesting implication is that, relative to the case without an AD law, the home firm has a stronger incentive to undertake cost-reducing activities (e.g., R&D investment or the adoption of a more efficient technology) under the law.antidumping laws, antidumping duties, dumping margins

Said Another Way Seeing the Nursing Profession From a Different Perspective: Nurstry? Why Not!

Peer Reviewedhttp://deepblue.lib.umich.edu/bitstream/2027.42/73637/1/j.1744-6198.2007.00086.x.pd

Temperature and GDP: A review of climate econometrics analysis

Climate econometric analysis of the relationship between temperature and gross domestic product (GDP) is increasingly being used to evaluate climate risks and understand economic impacts caused by climate change. We review the literature on growth and level effects (i.e., temperature rise respectively affects the growth and level of economic output), the setting of temperature variables’ forms and functional forms, and the inherent model specification of climate econometrics. Additionally, we introduce an approach for combining empirical findings with climate change integrated assessment models (IAMs) to improve damage modelling. Our findings show that estimates of damage through growth effects are generally much larger than those through level effects. Diverse impact mechanisms and adaptation effects can be revealed by changing the time resolution of temperature variables, introducing non-linearity into econometrics functions, and specifying temperature deviation. Combing the cross-sectional and panel model would enable us to examine the economic impacts at different future times