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UID:71816bc184643eda39325193bf2906cb
CATEGORIES:Seminars
CREATED:20250224T071953
SUMMARY:Lunch Seminar: Zhang Chen - Hong Kong University of Science and Technology
DESCRIPTION;ENCODING=QUOTED-PRINTABLE:\n\nFirm Entry and Market Interdependence: Evidence from anti-dumping tarif
 fs on Chinese exports\n\n\nAbstract:\nUsing Chinese Customs data, we study 
 how unilateral anti-dumping (AD) tariffs on Chinese products affect their e
 xports to different destination countries. We first document that investiga
 ted products experience a decline in their total sales in both the countrie
 s that impose tariffs (focal countries) and those that do not (third countr
 ies). A decomposition exercise further suggests that the simultaneous decli
 nes in exports across countries are primarily driven by a reduction in the 
 number of entrants. In contrast, individual exporters’ sales decrease in th
 e focal countries but increase in the third countries. To rationalize these
  facts, We develop an industry equilibrium framework based on firms’ interd
 ependent entry decisions to multiple markets. We show that the entry margin
  alone can generate cross-market policy spillovers and heterogeneous tariff
  responses consistent with the data. Finally, we calibrate our model and qu
 antify the global impact of a unilateral tariff on trade and welfare.\n
DTSTAMP:20260406T193620Z
DTSTART:20250409T130000Z
DTEND:20250409T140000Z
SEQUENCE:0
TRANSP:OPAQUE
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