The Review of Economics and Statistics Vol. 94 No. 1 2012
Adjusting to Trade Policy: Evidence from U.S. Antidumping Duties on Vietnamese Catfish
Abstract
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.
- DOI
- 10.1162/rest_a_00168
- Volume
- 94
- Issue
- 1
- Pages
- 304-319
- Language
- en
- Sources
- openalex crossref