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Market structure, trade liberalization and the GATS

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 0176-2680

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Abstract

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.

Item type: Article
ID code: 3904
Keywords: trade, trade liberalization, markets, imperfect competition, economics, Economic Theory
Subjects: Social Sciences > Economic Theory
Department: Strathclyde Business School > Economics
Related URLs:
Depositing user: Strathprints Administrator
Date Deposited: 23 Aug 2007
Last modified: 12 Mar 2012 10:40
URI: http://strathprints.strath.ac.uk/id/eprint/3904

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