EU-US Transatlantic Trade and Investment Partnership: Detailed Appraisal of the Commission's Impact Assessment
This research paper examines the appropriateness and validity of the methodology behind the European Commission’s Impact Assessment (IA) of the Transatlantic Trade and Investment Partnership (TTIP), focusing in particular on the underlying economic model, a computable general equilibrium (CGE). The methodology applied by CEPR for this economic modelling is analysed in depth, together with the assumptions used to make the TTIP amenable to an economic appraisal. The research paper also compares the IA on the TTIP with selected previous empirical economic assessments of EU trade agreements and with a set of alternative studies on the TTIP itself. In reading our findings, two central caveats should be kept in mind that affect any analysis of the CGE model included in the European Commission's Impact Assessment. First, the TTIP is a rather unusual bilateral trade agreement; and second, the TTIP is so wide-ranging that an alternative approach, such as the so-called 'partial' (equilibrium) approach – already a second-best solution – would be totally inappropriate to the case under examination.
Studie
Externe Autor
Jacques Pelkmans, Arjan Lejour, Lorna Schrefler, Federica Mustilli and Jacopo Timini (CEPS)
Über dieses Dokument
Art der Veröffentlichung
Politikbereich
Schlagwortliste
- Amerika
- Arbeitsmarkt
- Arbeitsmarkt
- Auswirkung auf die Umwelt
- BESCHÄFTIGUNG UND ARBEITSBEDINGUNGEN
- die Vereinigte Staaten
- EUROPÄISCHE UNION
- europäisches Einigungswerk
- Forschung und geistiges Eigentum
- Freihandelsabkommen
- GEOGRAFIE
- HANDEL
- Handelsabkommen (EU)
- Handelspolitik
- Internationaler Handel
- nichttarifäres Handelshemmnis
- Politische Geografie
- PRODUKTION, TECHNOLOGIE UND FORSCHUNG
- soziale Auswirkungen
- SOZIALE FRAGEN
- Sozialer Rahmen
- UMWELT
- Umweltpolitik
- vergleichender Test
- Wirkungsstudie
- WIRTSCHAFT
- wirtschaftliche Auswirkung
- Wirtschaftsanalyse
- Wirtschaftsgeografie
- Wirtschaftsmodell
- Wirtschaftsprognose
- öffentlicher Auftrag