TY - JOUR
T1 - The Effects of the Temporary Protection on Firm Performances
T2 - Evidence from the Steel Industry in Vietnam
AU - Dang, Duc Anh
AU - La, Hai Anh
N1 - Funding Information:
This research was supported by Economic Research Institute for ASEAN and East Asia (ERIA). We would like to thank Vu Thi Thu Thu for excellent research assistance. We thank two anonymous referees for their valuable comments.
Publisher Copyright:
© 2020 Informa UK Limited, trading as Taylor & Francis Group.
PY - 2021
Y1 - 2021
N2 - Trade protection may have significant impacts on sectors other than those targeted by the protection policies, especially when the target sector produces goods that are essential inputs to downstream sectors. Using panel Vietnamese enterprise surveys from 2010 to 2017, this paper examines whether temporary trade protection has a significant impact on the steel sectors and downstream users of steel. We find that during the trade protection period to the steel sector, this policy increased sales of protected firms but hurt downstream firms. Particularly, trade protection has significant impacts on sales, profit, and productivity of downstream firms in the sectors that use steel intensively as their inputs. Additionally, these adverse effects of protection are more severe to small downstream firms.
AB - Trade protection may have significant impacts on sectors other than those targeted by the protection policies, especially when the target sector produces goods that are essential inputs to downstream sectors. Using panel Vietnamese enterprise surveys from 2010 to 2017, this paper examines whether temporary trade protection has a significant impact on the steel sectors and downstream users of steel. We find that during the trade protection period to the steel sector, this policy increased sales of protected firms but hurt downstream firms. Particularly, trade protection has significant impacts on sales, profit, and productivity of downstream firms in the sectors that use steel intensively as their inputs. Additionally, these adverse effects of protection are more severe to small downstream firms.
UR - http://www.scopus.com/inward/record.url?scp=85098529365&partnerID=8YFLogxK
U2 - 10.1080/00220388.2020.1862799
DO - 10.1080/00220388.2020.1862799
M3 - Article
VL - 57
SP - 1336
EP - 1350
JO - Journal of Development Studies
JF - Journal of Development Studies
SN - 0022-0388
IS - 8
ER -