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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Official URL: http://dx.doi.org/10.1016/S0176-2680(01)00033-7

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.

Creators(s):	Francois, J.F. and Wooton, I. ORCID: https://orcid.org/0000-0001-5084-6379;
Item type:	Article
ID code:	3904
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:	20 Jan 2021 16:44
Related URLs:	Journal or Publication
URI:	https://strathprints.strath.ac.uk/id/eprint/3904
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