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The Market Structure Benefits of Trade and Investment Liberalization

Author

Listed:
  • Raymond Atje

    (Peterson Institute for International Economics)

  • Gary Clyde Hufbauer

    (Peterson Institute for International Economics)

Abstract

This Working Paper develops a simple method for calculating welfare benefits when the market structure is made more competitive through the removal of import barriers and investment restrictions. Classic instances where trade and investment restrictions serve to preserve monopolistic monopoly market structures in a number of countries include automobiles, petrochemicals, telecommunications, insurance, and civil aviation. The analytic framework set forth in this working paper will be used in studies now underway of the cost of protection in Australia, Canada, China, the European Union and Indonesia.

Suggested Citation

  • Raymond Atje & Gary Clyde Hufbauer, 1996. "The Market Structure Benefits of Trade and Investment Liberalization," Working Paper Series WP96-7, Peterson Institute for International Economics.
    • Handle: RePEc:iie:wpaper:wp96-7
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    File URL: https://www.piie.com/publications/working-papers/market-structure-benefits-trade-and-investment-liberalization
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    References listed on IDEAS

    as
    1. Gary Clyde Hufbauer & Kimberly Ann Elliott, 1994. "Measuring the Costs of Protection in the United States," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 77, January.
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    Cited by:

    1. Edward M. Graham, 2001. "Subsidies, Market Closure, Cross-Border Investment, and Effects on Competition: The Case of FDI in the Telecommunications Sector," Working Paper Series WP01-2, Peterson Institute for International Economics.
    2. León, Sonia M. & Roitman, Mauricio E. & Romero, Carlos A., 2009. "Evaluación de los efectos de la remoción de medidas para-arancelarias sobre las exportaciones argentinas de productos textiles [Assessing the efects of eliminating non-tariff barriers over the Arge," MPRA Paper 17898, University Library of Munich, Germany.
    3. Ermelinda Lopes & Ermelinda Lopes Silva, 2016. "Tieboutian market Structure and Collective Decision Process Within a Global Competition Policy," EcoMod2016 9292, EcoMod.
    4. León, Sonia M. & Roitman, Mauricio E. & Romero, Carlos A., 2008. "Acceso al mercado de productos lácteos de Europa: Un análisis de equilibrio parcial para evaluar las potenciales ganancias de los exportadores argentinos [Access to European dairy product markets: ," MPRA Paper 15127, University Library of Munich, Germany.

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