Non-equivalent pass-through of anti-dumping duties, countervailing duties and import tariffs

摘要

We directly compare the short-run pass-through of tariffs, anti-dumping (AD) duties and countervailing (CV) duties into US import prices. Consistent with the theoretical predictions, we find clear pattern of non-equivalence in import price reaction to the three duty types, with the most notable difference detected between AD duties and tariffs. According to our estimates, a tariff rate would have to be approximately two times higher than an AD duty rate in order to have the same effect on the delivered import price.