Francois, J.F. and Wooton, I. (2001) Market structure, trade liberalization and the GATS. European Journal of Political Economy, 17 (2). pp. 389-402. ISSN 0176-2680Full text not available in this repository. (Request a copy from the Strathclyde author)
In this paper, we examine the interaction between the different modes of market access commitments in services (cross-border and establishment), market structure, and regulation. In this context, we focus on the impact of improved domestic market access for a foreign-service provider on a domestic service market. We work with a model where the domestic industry is assumed to be imperfectly competitive and, as a result of domestic regulation, able to act as a cartel. We also examine the incentives for the domestic firms to accommodate the entry of the foreign firm by inviting it to join the cartel.
|Keywords:||trade, trade liberalization, markets, imperfect competition, economics, Economic Theory, Economics and Econometrics, Political Science and International Relations|
|Subjects:||Social Sciences > Economic Theory|
|Department:||Strathclyde Business School > Economics|
|Depositing user:||Strathprints Administrator|
|Date Deposited:||23 Aug 2007|
|Last modified:||06 Jan 2017 03:05|