Dumping calculation methodology in the footwear industry in Peru: a proposal to strengthen fair competition
DOI:
https://doi.org/10.47058/joa12.12Keywords:
dumping, international trade, economic policy, footwear industry, unfair completionAbstract
Dumping, a form of unfair trade, significantly impacts domestic industries by creating uneven competition. This study aims to design a dumping calculation methodology that incorporates significant market distortions to protect Peru’s footwear industry. Using both quantitative and qualitative methods, the research assessed dumping margins, antidumping measures, and economic indicators like employment and production. Results show the current anti-dumping methodology inadequately addresses market distortions, reducing its effectiveness. A 20% drop in formal employment and a 30% decline in national footwear production were linked to undervalued imports. Additionally, trade liberalization, without effective antidumping measures, exacerbated the problem. The findings highlight the need to enhance antidumping methodologies through adjustments in normal value calculations and stronger implementation to ensure fair competition and sustain Peru's footwear industry.
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