The economic impact of Trans-Pacific partnership: What have we learned from CGE simulation?

August 4, 2016

One of the most widely used techniques for evaluating the economic impact of regional trading agreements is numerical simulation with computable general equilibrium models. There have now been a large number of papers written that use CGE methods to analyze the potential economic impact of the TPP agreement under varying theoretical and policy assumptions.This paper provides a synthesis of the key results that have emerged from the literature, and discuss some new simulation results of our own.

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Topics: INTRA-REGIONAL TRADE UNESCAP CGE MODEL

Agreements: TRANS-PACIFIC PARTNERSHIP (TPP)

Regions: ASIA-PACIFIC

Authors: JOHN GILBERT TAIJI FURUSAWA ROBERT SCOLLAY

Publishing Institution: UNITED NATIONS - ESCAP

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