Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/113795 
Year of Publication: 
2015
Series/Report no.: 
CESifo Working Paper No. 5460
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Abstract: 
Trade liberalization of the agri-food sector is a sensitive topic in both Transatlantic Trade and Investment Partnership (TTIP) and Trans-Pacific Partnership (TPP) discussions. Using a general equilibrium model, we assess the potential impact of these agreements. The US agri-food sectors would gain from both agreements while almost all their partners and third countries would benefit less. However, the two agreements are not competing, since all the contracting parties’ defensive and offensive interests are complementary. Finally, the Atlantic trade may be impacted by the inclusion of harmonized standards within the Pacific agreement but not by its extension to additional members.
Subjects: 
mega-trade deals
agri-food
CGE model
Transatlantic Trade and Investment Partnership
Trans-Pacific Partnership
JEL: 
F13
F15
Q17
Document Type: 
Working Paper
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