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Is China a Market Economy? An Assessment Based on the Brazilian Anti-Dumping Experience
This paper discusses the non-market-economy status of China based on the behavior of Brazilian imports originated from China after the imposition of anti-dumping (AD) duties. More specifically, we investigate whether imports from China react differently to the imposition of AD duties compared to those of other countries regarded as “market economies”. For this purpose, we gathered import and AD data for the period of 2007 to 2020 and tested our hypothesis using regression and difference-in-differences models. We concluded that there is evidence to support the hypothesis that Chinese exports to Brazil suffered less impact on quantities and values when compared to other targeted exports. When it comes to prices, results were inconclusive. The result can contribute to the debate concerning the concession of market-economy status to China, which began to heat up in 2016 with the expiration of one part of China's Protocol of Accession to the World Trade Organization.
Can Latin American Firms Compete?
In many discussions of globalization and growth, attention focuses on Asia, notably China, South Korea, and India. In contrast, 'Can Latin American Firms Compete?' looks at business developments in another key emerging market region, Latin America. It examines the success and failure that Latin American firms have met with, in their own markets and elsewhere in the world, the reasons behind these outcomes, and these firms' future prospects. Including contributions from leading international experts on business in Latin America, the book draws on concepts from organization theory, industrial organization, economics, marketing, sociology, and political science. It includes sections on broad th...
