Market structure, trade liberalization and the GATS
In this paper we examine the interaction between the different modesof market access commitments inservices (cross-border and establishment) market structure, andregulation. In this context, we focus on theimpact of improved domestic market access for a foreign serviceprovider on a domestic service market. Wework with a model where the domestic industry is assumed to beimperfectly competitive and, as a result ofdomestic regulation, able to act as a cartel. We also examine theincentives for the domestic firms toaccommodate the entry of the foreign firm by inviting it to join thecartel.
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References listed on IDEAS
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- Francois, Joseph & Wooton, Ian, 2000. "Trade in International Transport Services: The Role of Competition," CEPR Discussion Papers 2377, C.E.P.R. Discussion Papers.
- Hill, T P, 1977. "On Goods and Services," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 23(4), pages 315-38, December.
- Cho, Yoon Je, 1988. "Some Policy Lessons from the Opening of the Korean Insurance Market," World Bank Economic Review, World Bank Group, vol. 2(2), pages 239-54, May.
- Markusen, James R, 1989. "Trade in Producer Services and in Other Specialized Intermediate Inputs," American Economic Review, American Economic Association, vol. 79(1), pages 85-95, March.
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