Non-Tariff Measure Estimations in Different Impact Assessments

32 Pages Posted: 6 Dec 2018

See all articles by Eddy Bekkers

Eddy Bekkers

World Trade Organization (WTO)

Hugo Rojas‐Romagosa

CPB Netherlands Bureau of Economic Policy Analysis

Date Written: July 2018

Abstract

The reduction of non-tariff measures (NTMs) has become the key policy variable to evaluate modern and deep free trade agreements (FTAs), such as the Transatlantic Trade and Investment Partnership (TTIP). In this chapter we overview the two main approaches to estimating NTM reductions associated with the implementation of FTAs. We then detail how these reductions are estimated in different impact assessment studies of TTIP, we compare and analyse the main differences in these estimations and how they affect the overall economic impact of TTIP. We find that accounting for differences in the expected NTM reductions can explain a large share of the discrepancies regarding the overall potential economic effects between different impact assessments of TTIP.

Keywords: Non-tariff measures, trade cost estimations, gravity models, CGE models, quantitative trade models, Transatlantic Trade and Investment Partnership

Suggested Citation

Bekkers, Eddy and Rojas‐Romagosa, Hugo, Non-Tariff Measure Estimations in Different Impact Assessments (July 2018). Robert Schuman Centre for Advanced Studies Research Paper No. RSCAS 2018/40, Available at SSRN: https://ssrn.com/abstract=3293839 or http://dx.doi.org/10.2139/ssrn.3293839

Eddy Bekkers (Contact Author)

World Trade Organization (WTO) ( email )

Rue de Lausanne 154
Geneva 21, CH-1211
Switzerland

Hugo Rojas‐Romagosa

CPB Netherlands Bureau of Economic Policy Analysis

P.O. Box 80510
2508 GM The Hague, 2585 JR
Netherlands

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