Adjusting to Trade Policy: Evidence from U.S. Antidumping Duties on Vietnamese Catfish
In 2003, after claims of dumping, the United States imposed heavy tariffs on Vietnamese catfish, which led to a collapse of imports. We use panel data to explore household responses in the catfish-producing Mekong delta between 2002 and 2004 and find that income growth was significantly slower among households relatively more involved in catfish farming in 2002. This is explained by a relative decline in both catfish income and revenues from other miscellaneous farm activities. Labor supply did not adjust, most likely because of off-farm employment limitations. Households more exposed to the shock reduced the share of investment assigned to catfish while substituting into agriculture. © 2011 The President and Fellows of Harvard College and the Massachusetts Institute of Technology.
Year of publication: |
2012
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Authors: | Brambilla, Irene ; Porto, Guido ; Tarozzi, Alessandro |
Published in: |
The Review of Economics and Statistics. - MIT Press. - Vol. 94.2012, 1, p. 304-319
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Publisher: |
MIT Press |
Saved in:
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