G2TT
来源类型Discussion paper
规范类型论文
来源IDDP12705
DP12705 The cost of non-TTIP: A Global Value Chain Approach.
Hylke Vandenbussche; William Connell; Wouter Simons
发表日期2018-02-09
出版年2018
语种英语
摘要What is the cost of non-TTIP for the European Union and the United States? To address this question, this paper develops a network trade model with international sector-level input-output linkages. Our model is entirely general with closed-form solutions and can be used for any trade policy experiment. We use World Input Output Data (WIOD) to simulate the effects of TTIP in terms of value added and employment. We find that a deep TTIP raises European GDP by 1.3%, and US GDP by 0.7%. The largest share of these TTIP gains result from the reduction in Non-Tariff Barriers (NTBs) rather than from the removal of tariffs. The potential gains from TTIP are higher for the EU than for the US. These findings may offer an explanation for the current US stance on TTIP.
主题International Trade and Regional Economics
关键词Networks Global value chains Leontief inverse matrix Ttip
URLhttps://cepr.org/publications/dp12705
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/541517
推荐引用方式
GB/T 7714
Hylke Vandenbussche,William Connell,Wouter Simons. DP12705 The cost of non-TTIP: A Global Value Chain Approach.. 2018.
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