Anti-dumping and excess injury margins in the European Union: A counterfactual analysis

Previous research has reported evidence of bias in favour of positive injury determinations in anti-dumping procedures of some WTO Members. This raises the question of whether the procedures used also result in inflated injury margins. This paper exploits a unique data set of injury margins for 354 EU anti-dumping cases. Application of a counterfactual model yields evidence of excess margins. Results from an econometric analysis suggest that excess injury margins are the result of built-in distortions in estimation procedures, and not due to political economy influences.