Mind the measure: On the effects of antidumping investigations in Egypt

This paper examines the impact of the antidumping measures initiated by the Government of Egypt on imports during the period 2001-2015. Our contribution is twofold. First, the paper distinguishes between the effect of antidumping measures on the value, the volume and the price of imports. Second, it differentiates between the investigation, destruction and diversion effects of antidumping measures. Our main findings show that, once the investigation is approved, while prices increase and quantities decrease, the latter effect is stronger than the former. Moreover, when the investigation is initiated, there is an investigation effect since imports are likely to decrease during the investigation review period and before the final decision of the World Trade Organization is announced. As per the destruction effect, we find that imports coming from countries included in the investigation decrease once the complaint is approved. Consequently, imports will shift from countries targeted by the measure to those non-targeted.