Studies of TPP: Which is Credible?

January 29, 2016

To decide which of these studies is more credible, three questions should be asked: First, is the model that is used appropriate for exploring trade policy? Second, has the TPP been depicted in that model in a sensible way? And third, are the results of the model credible? I argue not only that the PP model is superior on all counts but also that whatever the merits of the model used by GDAE, it is simply not suited for credibly predicting the effects of the TPP.

Read Full Material: Link


Topics: ECONOMIC GROWTH MEGA-REGIONAL AGREEMENT

Regions: UNITED STATES ASIA-PACIFIC

Authors: ROBERT Z. LAWRENCE

Publishing Institution: PETERSON INSTITUTE FOR INTERNATIONAL ECONOMICS


Other Research

Facilitation 2.0: Services and Trade in the Digital Age

October 1, 2018

Although services facilitation is recent topic of discussion at the World Trade Organization, it is not novel in the context of regional trade agreements (RTAs), where provisions on increased trans... READ MORE

Facilitation 2.0: E-Commerce and Trade in the Digital Age

September 27, 2018

With a growing number of transactions available on the internet, the interconnection between regulatory issues creates unprecedented complexities for both transaction subjects and policymakers. Thr... READ MORE