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Interdependencies between Atlantic and Pacific agreements: Evidence from agri-food sectors

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  • Disdier, Anne‐Célia
  • Emlinger, Charlotte
  • Fouré, Jean

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. This article provides an overview of current trade flows and trade barriers. Then, using a general equilibrium model of international trade (the MIRAGE model), it assesses the potential impact of these two agreements on agri-food trade and production. The results suggest that the US agri-food sectors would gain from both agreements while almost all their partners and third countries would benefit less, and might register losses in some sectors. However, the two agreements are not competing, since all the contracting parties' interests are complementary. Finally, we show that the Atlantic trade may be impacted by the inclusion of harmonized standards within the Pacific agreement but not by its extension to additional members (e.g. China or India).

Suggested Citation

  • Disdier, Anne‐Célia & Emlinger, Charlotte & Fouré, Jean, 2016. "Interdependencies between Atlantic and Pacific agreements: Evidence from agri-food sectors," Economic Modelling, Elsevier, vol. 55(C), pages 241-253.
    • Handle: RePEc:eee:ecmode:v:55:y:2016:i:c:p:241-253
    DOI: 10.1016/j.econmod.2016.02.011
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    2. Beckman, Jayson & Dyck, John & Heerman, Kari, 2017. "The Global Landscape of Agricultural Trade, 1995-2014," Economic Information Bulletin 265270, United States Department of Agriculture, Economic Research Service.
    3. Caesar, Cororaton & David, Orden, 2016. "Potential Economic Effects of the Reduction in Agricultural and Nonagricultural Trade Barriers in the Transatlantic Trade and Investment Partnership," MPRA Paper 74773, University Library of Munich, Germany, revised 27 Oct 2016.
    4. Wei, Hao & Tu, Yue & Zhou, Peng, 2023. "Technical barriers to trade and export performance: Comparing exiting and staying firms," Economic Modelling, Elsevier, vol. 126(C).
    5. Cororaton, Caesar B. & Orden, David, 2016. "Potential Economic Effects of the Reduction in Agricultural and Nonagricultural Trade Barriers in the Transatlantic and Investment Partnership," Proceedings Issues, 2016: Climate Change and International Agricultural Trade in the Aftermath of COP21, December 11-13, 2016, Scottsdale, Arizona 252425, International Agricultural Trade Research Consortium.
    6. Nilsson, Lars, 2019. "Reflections on the economic modelling of free trade agreements," DG TRADE Chief Economist Notes 2019-2, Directorate General for Trade, European Commission.
    7. Muhammad Aamir Khan & Naseeb Zada & Kakali Mukhopadhyay, 2018. "Economic implications of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on Pakistan: a CGE approach," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 7(1), pages 1-20, December.
    8. Jackson, Karen & Shepotylo, Oleksandr, 2018. "Post-Brexit trade survival: Looking beyond the European Union," Economic Modelling, Elsevier, vol. 73(C), pages 317-328.
    9. Emanuele Ferrari & Thomas Chatzopoulos & Ignacio Perez Dominguez & Pierre Boulanger & Kirsten Boysen-Urban & Mihaly Himics & Robert M’barek, 2021. "Cumulative economic impact of trade agreements on EU agriculture: 2021 update," JRC Research Reports JRC123037, Joint Research Centre.
    10. Jafari, Yaghoob & Britz, Wolfgang, 2018. "Modelling heterogeneous firms and non-tariff measures in free trade agreements using Computable General Equilibrium," Economic Modelling, Elsevier, vol. 73(C), pages 279-294.
    11. Ferrari, Emanuele & Chatzopoulos, Thomas & Domínguez, Ignacio Pérez & Boulanger, Pierre & Boysen-Urban, Kirsten & Himics, Mihaly & M'barek, Robert & Redondo, Marina Pinilla, 2021. "Economic Impact of Free Trade Agreements on the EU Agri-Food Sector," 2021 Conference, August 17-31, 2021, Virtual 315030, International Association of Agricultural Economists.
    12. Grant, Jason & Arita, Shawn, 2017. "Sanitary and Phyto-Sanitary Measures: Assessment, Measurement, and Impact," Commissioned Papers 259417, International Agricultural Trade Research Consortium.

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