Krebs, Oliver; Pflüger, Michael - 2016
(TTIP) between the United States and the European Union. We use a new quantitative spatial trade model with consumptive and … with ambitious liberalization, real income gains within a TTIP are in the range of up to 0.46% for most countries. The … welfare gains as under a TTIP, a multilateral liberalization would have to be much more ambitious for the US than for the EU. …