Felbermayr, Gabriel; Heid, Benedikt; Larch, Mario; … - 2014
The proposed Transatlantic Trade and Investment Partnership (TTIP) is the most significant trade policy initiative … estimated general equilibrium trade model. Assuming that the TTIP will reduce transatlantic trade costs by as much as existing … bilateral agreements have reduced trade costs between their trade partners, we find that a TTIP could result in very substantial …