Tag Archives: TPP

Talk on trade: TPP & Trump

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(May 20, 2016) The ITC Wednesday released its mandated report on the economic effects estimated to result from the TransPacific Partnership.  As is usual in standard trade models, the estimated welfare gains may sound small: on the order of ¼ % of income.  But that would still be way worth doing. Furthermore the ITC study, by design, leaves out a lot. For example, the Petri-Plummer study from the Peterson Institute estimates income gains from TPP that are twice as large, in part because it takes into account Melitz-style opportunities for  more productive firms to expand.

I am quoted twice in the associated press coverage this week. They can be tweetably summarized in one sentence:
(1) US rejection of TPP would signal withdrawal from Asia; (2) US acceptance of Trump would signal withdrawal from the entire world! Continue reading

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TPP Skeptics Should Switch Sides

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(11/12/2015) Now that the TPP text has been released, I have read at least some parts of it in detail. It seems to me that it does what the negotiators said it does. Continue reading

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Full Legal Text of TPP is Now Available

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(11/05/2015) I have written a few columns this year supportive of the Trans-Pacific Partnership. (E.g., “Critics Should Keep an Open Mind,” The Guardian, Oct. 11, 2015.)  Commentators on my column and critics of TPP more generally have expressed great eagerness to know when and where they could read the full legal text of the agreement. Continue reading

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