Abstract:
This paper uses Commercial Policy Analysis System(COMPAS) Model to make an empirical analysis on some specific economic effects caused by the AD and CVD duties simultaneously imposed on China’s solar energy industry by the U.S.. The conclusion shows: (1) For China, the trade depression effect is evident, which makes the market share and total amount of Photovoltaic Products from China suffer from a great decrease.(2) For the U.S., firstly, there is an industrial protection effect to its solar energy industry, which results that the relative photovoltaic products’ prices rise, industrial output and revenue increases and companies involved take in more labors. Secondly, the America’s total social welfare gets impaired because the total increase amount of producer surplus and tariff revenue is less than the decrease amount of consumer surplus. That is to say, in order to protect the development of its solar energy industry, the AD and CVD duties imposed on China by the U.S. are at the sacrifice of U.S. consumers’ benefits. But whether this commercial policy can help the American solar industry develop in the long run, we need a further investigation to make a conclusion. Accordingly, we put forward policy suggestions about how to deal with the AD and CVD issues for the development and globalization of China’s similar industries.
HONG Jie, HUANG Shi.An Analysis on the Economic Effects of the AD and CVD Duties Simultaneously Imposed on China’s Solar Energy Industry by the U.S.[J] Economic Survey, 2014,V31(4): 49-55