Abstract This paper introduces the dumping marginal variable into the partial equilibrium Commercial Policy Analysis System (COMPAS model), and reveals the internal mechanism of dumping behavior which affects the economic activities such as production, import and export of partner country. Then based on partial equilibrium COMPAS model, using the data of soybean production and trade in 2011-2015, this paper analyzes the effect of dumping behavior on soybean production, sales and gains in China, US and other countries. The simulation results shows that due to the dumping of American soybeans in China, domestic soybean market share decreased by about 10.5%, the price of domestic soybeans fell by about 12.1%, production decreased by about 14.4%, revenue loss of about 22.1%; dumping behavior improved the US soybean industry development, market share, output and income were increased significantly; dumping behavior had “squeezing effect”, so that non-dumping enterprises of other countries suffered economic losses. Finally, some suggestions are put forward for Chinese soybean industry to deal with trade friction.
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Received: 13 February 2017
Published: 15 June 2017
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Corresponding Authors:
KE Konglin
E-mail: kekonglin@163.com
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