Impact of joining the WTO on Ukrainian ferrous metallurgy

Eremenko Igor, Katerina Lisenkova

Research output: Book/ReportCommissioned report

Abstract

The goal of our research is to study Ukraine’s accession to the WTO referring to one particular sector discussed most hotly in this context: metallurgy. Ukrainian metallurgy has two remarkable features: from one side, steel producers receive substantial subsidies; from the other side, Ukrainian metallurgical exports have been permanently brought under antidumping investigations. The purpose of this research is to study effects of both cases and find impact on metallurgy and total welfare. Results of partial equilibrium model shows that on balance the total gains for the Ukrainian economy are calculated to be above USD 343 million, or 1.1% of GDP, hence, in subsidies-antidumping duel there is no trade-off for Ukrainian economy.
Original languageEnglish
Place of PublicationMunich
Number of pages5
Publication statusPublished - 28 Oct 2005

Publication series

NameEERC Working Paper Series

Keywords

  • Ukraine
  • metallurgy
  • WTO
  • antidumping
  • subsidization

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