Aichele, Rahel; Heiland, Inga; Felbermayr, Gabriel - 2016
and lowered non-tariff barriers. This has led to trade creation within Europe and to trade diversion between EU countries … New Quantitative Trade Model. We show that TTIP could indeed lower trade integration in Europe since predicted income … heterogeneity across sectors and countries. To avoid the political costs associated with weaker intra-EU ties, Europe should deepen …