International trade effects of a potentially revived Trans-Pacific partnership for North America
Journal of Economics and Political Economy
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Title |
International trade effects of a potentially revived Trans-Pacific partnership for North America
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Creator |
KARACAOVALI, Baybars; Department of Economics, University of Hawaii at Manoa, Saunders Hall 542, 2424 Maile Way, Honolulu, HI 96822. E-mail: Baybars.ka@gmail.com, office tel: 808-956-7296, fax: 808-956-4347, website: www2.hawaii.edu/~baybars. The views expressed in this paper and any errors are solely my own.
TALAGI, Deveraux; University of Hawaii at Manoa, Department of Economics. Saunders Hall 542, 2424 Maile Way, Honolulu, HI 96822, USA. |
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Subject |
International trade; Gravity model; Free trade agreements; Trans-Pacific partnership.
F10. |
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Description |
Abstract. This paper analyzes the international trade relations of the United States, Canada, and Mexico with the now defunct Trans-Pacific Partnership (TPP12) member countries currently and historically in order to provide insights for potential future effects provided United States decides to join the new Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP or TPP11) with the remaining original TPP countries. Using a gravity model estimation, we find that the existing free trade agreements (FTAs) between TPP12 countries (intra-TPP) and FTAs between TPP12 members and other countries (extra-TPP) have positively impacted trade in the 1980-2015 period. A revived TPP12 agreement promises to boost trade further.Keywords. International trade, Gravity model, Free trade agreements, Trans-Pacific partnership.JEL. F10.
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Publisher |
Journal of Economics and Political Economy
Journal of Economics and Political Economy |
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Contributor |
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Date |
2018-09-28
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — — |
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Format |
application/pdf
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Identifier |
http://www.kspjournals.org/index.php/JEPE/article/view/1729
10.1453/jepe.v5i3.1729 |
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Source |
Journal of Economics and Political Economy; Vol 5, No 3 (2018): September; 321-342
Journal of Economics and Political Economy; Vol 5, No 3 (2018): September; 321-342 2148-8347 |
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Language |
eng
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Relation |
http://www.kspjournals.org/index.php/JEPE/article/view/1729/1714
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Rights |
Copyright (c) 2018 Journal of Economics and Political Economy
http://creativecommons.org/licenses/by-nc/4.0 |
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