The Effects of Anti-dumping on China's Export from the Perspective of Enterprise Heterogeneity
The anti-dumping measures are critical trade barriers to China's export,the United States is the major country conducts anti-dumping investigation against Chinese companies,and the export-oriented companies are important participants for China participating in the international economic cycle.Thus,it is of great theoretical and practical significance to investigate the effects of US anti-dumping measures on the exports of China's enterprises.Moreover,since different types of enterprises owns various abilities in risk aversion,resilience,and dealing with the trade barriers,further research on the impact of anti-dumping measures on differ-ent types of enterprises will provide an important reference for policymakers and entrepreneurs.By matching the Chinese Industrial Enterprise Database and the Global Anti-dumping Database,the effects of US anti-dumping measures on the exports of China's enterprises are investigated,distinguishing the heterogeneities between enterprises with different business size,ownership,and locations.The empirical findings show that the US anti-dumping measures not only significantly declined the export value of China's enterprises,but also significantly reduce their export probability.When distinguishing the enterprise heterogeneities,first,the US anti-dumping measures has larger negative effects on the export probability of small and micro enterprises than that of large and medium-sized enterprises.Secondly,it also generates larger negative effects on the export value of state-owned enterprises than that of private enterprises and foreign-funded enterprises.In the end,it's negative effects on export value and export probability is highest for enterprises located in western region,followed by that located in eastern region and central region.