This paper uses a GVC (Global Value Chain)-based CGE model to assess the impact of TTIP between the U.S. and the EU on their main trading partners who are mainly engaged at the low end in the division system of global value chains, such as BRICS countries. The simulation results indicate that in general the TTIP would positively impact global trade and economies due to the reduction of both tariff and non-tariff barriers. With great increases in the US–EU bilateral trade, significant economic gains for the U.S. and the EU can be expected. For most BRICS countries, the aggregate exports and GDP suffer small negative impacts from the TTIP, except Brazil, but the inter-country trade within BRICS economies increases due to the substitution effect between the US–EU trade and the imports from BRICS countries when the TTIP commences.
権利
Copyrights 日本貿易振興機構（ジェトロ）アジア経済研究所 / Institute of Developing Economies, Japan External Trade Organization (IDE-JETRO) http://www.ide.go.jp
雑誌名
IDE Discussion Paper
雑誌名(英)
IDE Discussion Paper
巻
485
発行年
2015-01-09
出版者
Institute of Developing Economies (IDE-JETRO)
著者版フラグ
publisher
日本十進分類法
678
JEL分類
JEL:C68 - Computable General Equilibrium Models
JEL:D58 - Computable Models
JEL:F13 - Trade Policy; International Trade Organizations
地域/国名
中国
インド
ヨーロッパ
ロシア連邦
世界、その他
ブラジル
アメリカ合衆国
キーワード(LSH)
Brazil
India
China
Russia
United States
Europe
International trade
Economic conditions
Trade policy
TTIP
BRICS
GVC
NTBs
Spillover
Spillover effects of TTIP on BRICS economies : a dynamic GVC-based CGE model
本文
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