Impacto do direito antidumping sobre as importações brasileiras

Abstract

This paper makes explanations about the concept of dumping according to economic theory and according to the laws instituted to restrain it, which were the basis for the rules described in the Anti-Dumping Agreement of the Uruguay Round (1994). In addition, it makes a review on the expansion phenomenon of the anti-dumping (AD) mechanism occurred on recent decades, in which Brasil figures among the protagonists. The paper presents the evolution of the Brazilian institutional apparatus on AD measures and, besides that, provides descriptive statistics concerning the application of AD legislation. The purpose of the empirical research of this study is to estimate the direct effects of the anti-dumping duty (DAD) applied by Brazil on imports. Therefore, a panel data model was employed with data about the Brazilian imports of the products listed in the AD actions opened between 1991 and 2008. Estimates were made by different econometric methods: FE-OLS, difference-GMM and system-GMM. The results indicate that the AD duties have significant restrictive effect on trade with named countries. Estimations about the impact of the AD duties on the share of the named countries in imports showed that the application of AD duties also causes trade diversion.