Abstract
Based on antidumping (AD) cases initiated by 25 countries/regions against China, this study explores AD’s effects on exporters’ performance and their subsequent response. We find that AD significantly reduces targeted exporters’ profitability, market value and export volume. Exporters try to increase their domestic sales and profits by reducing profit margins and period expenses, as the main response. The responses effectively counteract the profit reduction in 1–2 years. Further tests reveal that exporters learn from previous cases and that the follow-up AD cases cannot considerably damage exporters’ profitability; however, the negative effects on market value and export volume still exist.
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