Market structure, trade liberalization and the GATS

J.F. Francois, I. Wooton

Research output: Contribution to journalArticle

21 Citations (Scopus)

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.
Original languageEnglish
Pages (from-to)389-402
Number of pages13
JournalEuropean Journal of Political Economy
Volume17
Issue number2
DOIs
Publication statusPublished - 2001

Keywords

  • trade
  • trade liberalization
  • markets
  • imperfect competition
  • economics

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