The Market Structure Benefits of Trade and Investment Liberalization
AbstractThis 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.
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Bibliographic InfoPaper provided by Peterson Institute for International Economics in its series Working Paper Series with number WP96-7.
Date of creation: 1996
Date of revision:
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- 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.
- 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.
- 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.
- 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 Ar," MPRA Paper 17898, University Library of Munich, Germany.
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