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Analysis of Import Demand for Wooden Beds in the U.S.

Published online by Cambridge University Press:  26 January 2015

Yang Wan ,
Changyou Sun  and
Donald L. Grebner
Yang Wan
Affiliation:
Warnell School of Forestry and Natural Resources, University of Georgia, Athens, GA
Changyou Sun
Affiliation:
Department of Forestry, Mississippi State University, Mississippi State, MS
Donald L. Grebner
Affiliation:
Department of Forestry, Mississippi State University, Mississippi State, MS
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Abstract

The market of wooden beds in the U.S. has been flooded with imports from China and Vietnam in recent years. Static and dynamic Almost Ideal Demand System models are used to assess the import demand for wooden beds from the top seven supplying countries. The analyses reveal that the antidumping investigation on China has some temporary trade depression effect on China, but trade diversion occurs to Vietnam, Indonesia, Canada, and Brazil. The formal implementation of antidumping duties since 2005 has not shown any significant effect on the trade pattern. U.S. consumers spend more on beds from newly industrialized countries and there are moderate degrees of substitution among wooden beds from most countries.

Keywords

antidumpingcointegrationdemand elasticityfurnituretrade diversionC32D12F14Q23
Type
Research Article
Information
Journal of Agricultural and Applied Economics , Volume 42 , Issue 4 , November 2010 , pp. 643 - 658
Copyright
Copyright © Southern Agricultural Economics Association 2010

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