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Japanese Equity Market Response to U.S. Administered Protection Decisions

✍ Scribed by Richard K. Harper; William L. Huth


Publisher
John Wiley and Sons
Year
1997
Tongue
English
Weight
110 KB
Volume
18
Category
Article
ISSN
0143-6570

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✦ Synopsis


The standard capital market event study is used to measure Japanese firm-specific effects resulting from action taken by the US in response to alleged dumping of Japanese imports in US markets. Empirical findings are that winners and losers in the process differ predictably from each other and from the market in the way that Japanese investors view them, with differences being most pronounced at the petition filing date and the final stages of both the ITC and Department of Commerce decisions.