About GTAP: GTAP in the News
Studies, stories and more by GTAP Network members using GTAP data.
The Center is always interested to learn when GTAP-based analysis is recognized on a platform, such as the piece(s) below. If you have similar items you wish to share with the Center and broader GTAP community, please feel free to email them to Ginger Batta.
2025 (21)
52% duty cut to boost exportsJune 2025 -
The government on Wednesday claimed a drastic 52% cut in import duties will lead to exports rising faster than imports, while revenues will grow by one-tenth. However, it admitted these projections are based on calculations by the World Bank. How Trump's tariffs could hit developing economies - even those not involved in the trade warMay 2025 -
The world has witnessed a resurgence of protectionism since Donald Trump returned to the White House. So-called "reciprocal" tariffs, imposed on all US trading partners at varying degrees based on the tax they charge on American goods, have been one of the hallmark features of Trump's economic policy. They aim to correct what he perceives as "unfair" trade practices. The Economic Impact of EU Aid on EU EconomiesMay 2025 -
As the European Commission prepares to release its draft proposal for the next Multiannual Financial Framework (MFF), new economic modelling confirms that Official Development Assistance (ODA) significantly benefits the EU economy. Trump's tariffs: Challenge or opportunity for Jordan in global trade arenaApril 2025 -
US President Donald Trump's decision to impose new tariffs on a range of countries triggered significant debate in global economic and trade circles. US public opinion polls showed that 61 per cent of Americans believed the tariffs would negatively impact consumers, compared to only 14 per cent who expected a positive outcome. The decision included a general 10 per cent tariff on all imports, with a specific 20 per cent tariff imposed on products from Jordan. This was justified by claims that Jordan imposes a 40 per cent tariff on American goods, but closer analysis suggests the true goal was to address the US trade deficit, not to match existing foreign tariffs. Brazil stands to lose R$11.5bn from trade warApril 2025 -
Brazil stands to lose $1.97 billion (R$11.5 billion) in exports as a result of the ongoing trade war between the U.S. and China, according to a simulation conducted by economists at the Federal University of Minas Gerais (UFMG). Exploring the Potential Impacts of Rollback of Tariffs on Mexico and CanadaMarch 2025 -
The potential rollback of tariffs on Mexico and Canada by President Donald Trump, could have significant implications for the U.S. economy. While no full rollback has been officially confirmed beyond specific exemptions (e.g., for automakers), analyzing the economic impact involves considering the effects of the existing tariffs and how reversing them might alter the current trajectory. AfCFTA offers pathway to greater food security March 2025 -
Despondency is often expressed about Africa's food security and the prospects for the continent's agricultural sector. But such pessimism is misplaced, says Andrew Mold, ECA's Officer-in-Charge of the subregional office for Eastern Africa. A pathway to greater regional food security through the AfCFTAMarch 2025 -
A lot of despondency is often expressed about Africa's food security and the prospects for the continent's agricultural sector. But such pessimism is misplaced, according to Andrew Mold, Economic Commission for Africa's Officer-in-Charge of the subregional office for Eastern Africa. Trump's 25% tariffs on Canada and Mexico will be a blow to all 3 economiesFebruary 2025 -
The trading relationship between the U.S., Mexico, and Canada is the most important set of trade relations for all three countries. Canada and Mexico are the United States' first and second largest export markets with goods exports of $680 billion in 2023, and the U.S. is the largest export market for Canada and Mexico. Exports among the U.S., Mexico, and Canada support over 17 million jobs. Tariffs on Canada, Mexico would deal blow to US economyFebruary 2025 -
Americans can expect higher prices - and a possible recession - within the next three to five years if President Donald Trump follows through with his 25%, across-the-board tariff on exports from Canada and Mexico next month, according to Purdue University researchers. 2024 (9)
The internal rivalries that will determine Trump's policies on tradeOctober 2024 -
Some people think it's a category mistake even to address Donald Trump's trade policy as an actual thing rather than a mess of prejudices and contradictions, and that for other governments to employ logic and game theory in engaging with it is like trying to play chess with an angry rhino. They may have a point. It's not a thing of clarity and beauty. Still, if the Republican candidate does get elected, his policy positions will at least delineate the landscape for his administration's internal battles. MyGeoHub successfully hosts the 2024 SIMPLE-G Short CourseJune 2024 -
MyGeoHub, the geospatial science gateway designed to support geospatial modeling, data analysis, and visualization, has a lot to offer to the broad research and education communities. Through hosting groups, datasets, tools, training materials, and educational content, MyGeoHub has set out to become the preeminent online hub in the geospatial science fields. One of its innovative features is the ability to host and teach full online courses. Recently, MyGeoHub successfully hosted the 2024 Multi-Scale Analysis of Sustainability SIMPLE-G Short Course. Recipients named for 2024 Purdue University Online Excellence AwardsMay 2024 -
Purdue University Online has announced the recipients of the 2024 Online Excellence Awards. The awards recognize professional accomplishment and promote creative and effective approaches to learning delivered via digital education media.
Dr. Zeynep Akgul (GTAP-U coordinator, Center for Global Trade Analysis, Department of Agricultural Economics), Ginger Batta (lead program manager, Center for Global Trade Analysis, Department of Agricultural Economics), and Dr. Amanda Countryman (associate professor, Department of Agricultural and Resource Economics, Colorado State University) received the Innovative Online Use of Technology (Credentials) award for the GTAP 101 Course - Introduction to Computable General Equilibrium Modeling in the GTAP Framework. National policy could benefit twofoldFebruary 2024 -
A climate policy that increases the price of carbon-intensive products across the entire U.S. economy would yield a side benefit of reducing nitrate groundwater contamination throughout the Mississippi River Basin. New GLASSNET tools on MyGeoHub advance international, interdisciplinary researchFebruary 2024 -
Two new climate, land-use, and agricultural data tools developed by GLASSNET team members have recently been added to the online platform MyGeoHub (mygeohub.org), allowing researchers across domains to easily access the data they need to assess progress towards meeting the United Nations Sustainable Development Goals (SDGs). Xi, Biden and the $10 trillion cost of war over TaiwanJanuary 2024 -
War over Taiwan would have a cost in blood and treasure so vast that even those unhappiest with the status quo have reason not to risk it. Bloomberg Economics estimate the price tag at around $10 trillion, equal to about 10% of global gross domestic product - dwarfing the blow from the war in Ukraine, COVID-19 pandemic and 2007-2008 Global Financial Crisis. China's rising economic and military heft, Taiwan's burgeoning sense of national identity, and fractious relations between Beijing and Washington mean the conditions for a crisis are in place. With cross-strait relations on the ballot, Taiwan's Jan. 13 election is a potential flashpoint. The Case for Doubling Down on Agricultural R&DJanuary 2024 -
The new study, by Dr. Uris Baldos, associate professor of agricultural economics at Purdue University, is the first to estimate the impact of U.S. public R&D funding on greenhouse gas (GHG) emissions and land use, as well as on productivity, farm output, and prices. It finds that substantially raising R&D funding would be a cost-effective climate mitigation strategy. Specifically, the study finds that doubling public agricultural R&D funding would reduce emissions at a cost of roughly $12 per metric ton of carbon dioxide equivalent, while also raising output, limiting global land use, and reducing crop and livestock prices. 2023 (9)
Ag economist Tom Hertel receives Spirit of Land-Grant Mission AwardNovember 2023 -
How deep are Tom Hertel's land-grant ties? His grandfather started the agricultural economics department at New York's land-grant university, Cornell. Robert Thompson, former dean of Purdue's College of Agriculture, was a dinner guest at Hertel's childhood home. Those are just two steps on a long path that led to the Purdue agricultural economics professor receiving the 2023 Spirit of the Land-Grant Mission Award. Purdue agricultural economics faculty awarded USDA NIFA grantsNovember 2023 -
Four agricultural economics faculty at Purdue University's College of Agriculture recently received research grants from the U.S. Department of Agriculture's National Institute of Food and Agriculture (NIFA). The grants' principal investigators (PIs) are Tor Tolhurst, assistant professor of agricultural economics and agricultural policy; Steven Wu, associate professor of agricultural economics; Meilin Ma, assistant professor of agricultural economics; and Dominique van der Mensbrugghe, research professor of agricultural economics and director of the Purdue Center for Global Trade Analysis, which coordinates the Global Trade Analysis Project (GTAP). Climate-market changes loom in futureOctober 2023 -
The United States is one of the largest producers and exporters of corn and soybeans globally - partly because of yields that are among the best in the world. But a changing climate could affect those yields, which could ultimately affect production and the availability of products for export. Villoria recognized with Top MapBiomas Research AwardAugust 2023 -
Nelson Villoria, associate professor of agricultural economics at Kansas State University, alongside coauthors Rachael Garrett, Florian Gollnow and Kim Carlson, has been honored with the distinguished MapBiomas Research Award. Meeting Global Challenges TogetherAugust 2023 -
Researchers in the College of Agriculture and across Purdue are responding to the issues of climate, food, water and energy security from different angles. Increasingly, they're doing it together, using a variety of interdisciplinary frameworks to enhance innovation, because an interconnected world needs interconnected solutions. 2022 (15)
The Economics Behind Climate ChangeOctober 2022 -
Globally, every country is feeling some form of the effects of climate change. The U.S. is facing droughts in portions of the country right before harvest. Europe, in addition to droughts, is facing wildfires that aren't usually seen. Other areas are experiencing difficult storms, such as typhoons. New J-WAFS-led project combats food insecurityAugust 2022 -
Today the Abdul Latif Jameel Water and Food Systems Lab (J-WAFS) at MIT announced a new research project, supported by Community Jameel, to tackle one of the most urgent crises facing the planet: food insecurity. Approximately 276 million people worldwide are severely food insecure, and more than half a million face famine conditions. Indiana average gas price soars above $5 a gallonJune 2022 -
Maksym Chepeliev, a research economist for the Center for Global Trade Analysis at Purdue University, said high state taxes are just one reason why Indiana's prices are climbing faster than other states. Gas price drop depends on Putin's war, experts sayMarch 2022 -
INDIANAPOLIS - With the price of oil dropping, experts predict the price of gas will continue dropping too. But, the price decrease depends on many factors, specifically related to the ongoing war in Ukraine. Professor seeks to build academic bridges between scientistsJanuary 2022 -
W
ith over 30 years spent at Purdue University, Thomas Hertel, distinguished professor of agricultural economics, has many professional milestones that timestamp his career. The most recent one is the announcement that he has received the Humboldt Research Award by the Alexander von Humboldt Foundation in honor of his career dedicated to researching the global impacts of trade, climate and environmental policies. The award will enable Hertel to spend six months conducting research in Potsdam, Germany. 2021 (14)
Emerging Economies Deserve A Chance At Oil Riches, TooAugust 2021 -
Emerging economies must continue to rely on fossil fuels while demand is high, largely ignoring the developed world's green transition and taking this opportunity to develop their economies and boost employment figures around cheaper oil production than developed states can now offer. As long as prices and demand remain high, emerging economies will continue oil and gas production as oil majors pursue low-cost oil projects across Latin America, the Caribbean and Africa, while North America and Europe begin the transition away from fossil fuels towards renewable alternatives in a bid to respond to international pressure on climate change. Limited economic impact from U.S. rejoining Paris climate accordApril 2021 -
President Biden has recommitted the U.S. to the Paris climate accord and also moved forward with a climate plan calling for carbon free electricity by 2035 and net zero emissions by 2050 - policies compatible with and beyond the 2 degrees C mitigation effort called for in the original Paris agreement. Addicted to Cheap Fuel, Emerging Markets Face a Climate DilemmaMarch 2021 -
Simply allowing the market to dictate fuel prices would reduce global greenhouse gas emissions by up to 3.2% in 2030, according to Purdue University's Center for Global Trade Analysis. Taxing fuel to account for air pollution and health would have lowered emissions 28% in 2015, the International Monetary Fund said in a 2019 report. Cost of tech decoupling much higher than it appearsJanuary 2021 -
As the World Economic Forum convenes online this week rather than in Davos, its participants will discuss how to move "beyond geopolitics." Trade wars, populist politics and COVID-19 have led countries to question their reliance on global supply chains and retreat into a defensive posture of self-sufficiency, choking off the cross-border trade that has long fueled global growth. 2020 (39)
Ethanol Back in the GameNovember 2020 -
After a cut in demand due to the stay-at-home order, the ethanol industry is working on returning to normal. Why investors are betting on biodiversityNovember 2020 -
Those of you whose memories still stretch all the way back to the beforetime - January and February - may recall that 2020 was to be a "super year" for biodiversity. Plans called for several global events focusing on the role of nature in mitigating the climate crisis, protecting us against the next pandemic, ensuring adequate food and water, promoting sustainable development and, in essence, maintaining the global economy. Water scarcity and reduction in crop yield due to climate change could drop GDP by 10% in Middle EastOctober 2020 -
The Middle East is one of the most water scarce regions in the world. Many countries in the region have exploited their available water resources and left watersheds below the sustainable level of water withdrawal. Water is extensively used in agricultural activities and the region has seen declines in precipitation over time. Adding to those constraints, the region faces issues with population growth, economic development and the effects of climate change. Collectively, these patterns indicate that many Middle Eastern countries will experience major constraints to maintaining available water resources and expanding their crop production. Purdue team receives $2 million NSF grant to create global networkSeptember 2020 -
The United Nations Sustainable Development Goals (SDGs) describe a global resolve to transform the world across 17 related economic, social, and environment thematic areas. However, the challenge is the inevitable set of conflicts and tradeoffs among the competing land- and water-related SDG demands, the impact of these demands at both the local and global levels, and the challenge of collaborating and coordinating teams across the globe. 23rd GTAP conference goes virtual, sees record high registrationJune 2020 -
The Global Trade Analysis Project's (GTAP) 23rd annual conference will look a little different than in years past. Established in 1993 at Purdue University, GTAP furthers collaboration between academics, researchers and policymakers working on issues impacting the global economy such as trade and climate change. Its central objective is to enhance quantitative analysis of these and other global economic issues within an economy-wide framework. Impacts of Possible Chinese 25% Tariff on U.S. Soybeans and Other Agricultural CommoditiesJune 2020 -
Trade conflicts between the United States and China have escalated recently. The Chinese government has threatened to impose a 25% tariff on 128 U.S. products in response to a U.S. proposal to impose a 25% tariff on imported products from China (USDA, 2018a). The Chinese list includes several agricultural products, including (but not limited to) soybeans, wheat, corn, sorghum, and beef. Among these commodities, soybeans is the largest agricultural export from the United States to China. Since the United States produces large amounts of soybeans (117 million metric tons (MMT) in 2016) and exports more than half that to other countries, the Chinese tariff on U.S. soybeans alone could generate major economic consequences for U.S. agriculture. In addition to soybeans, China also imports significant quantities of wheat, sorghum, and corn from the United States. Extending the coverage of Chinese tariffs on these products could amplify the economic implications of China's retaliation policy for U.S. agriculture GTAP takes its international conference virtualJune 2020 -
The Global Trade Analysis Project's (GTAP) 23rd Annual Global Conference looked significantly different this year than its past 22 iterations. Since its inception, the conference has been held in different locations around the world, from Warsaw, Poland to Addis Ababa, Ethiopia. The conference continued to draw people from throughout the world this year as GTAP hosted its annual conference online. UK TAKES A PROACTIVE APPROACH TO PUBLIC ENGAGEMENT ON TRADEMay 2020 -
It seems that studies on the effects of free trade agreements on the U.S. economy have increasingly become exercises in checking a box, with groups for and against simply waiting on a punchline. Surely, we can do better to undertake public-facing intellectual analyses that are both accessible and potentially interesting to a wider swath of the general public - something more akin to what the United Kingdom (UK) has done to prepare for free trade agreement negotiations with the United States. ECONOMIC IMPACT OF CORONAVIRUS COULD REACH £7.3TN GLOBALLYMay 2020 -
The global economy could suffer up to £7.3tn in losses - equivalent to 6.4%-9.7% of global gross domestic product (GDP) - as a result of the novel coronavirus disease (COVID-19) pandemic, according to the Asian Development Bank (ADB). Covid-19 - The worst-case scenarios for apparel sourcingApril 2020 -
The fast spread of the coronavirus around the globe has created an unprecedented situation for the world economy. But how might Covid-19 affect apparel sourcing and trade? Dr Sheng Lu, associate professor in the Department of Fashion and Apparel Studies at the University of Delaware, has analysed the worst case scenarios. WWF: Environmental degradation on course to cost global economy £8trFebruary 2020 -
Rising food prices, droughts, commodity shortages, extreme flooding, and coastal erosion will ravage economies around the world if action is not taken to confront the multiple environmental crises facing humanity, according to a new study launched today at the Royal Society in London. New report reveals countries set to be worst affected by nature lossFebruary 2020 -
South African properties to appreciate below inflation this year
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Valuable energy, nutrients, water lost in fast-rising streams
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Global commercial real estate investment dips two per cent yearly in 2019
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A new research shows that if the world doesn't act urgently to address the nature and climate emergency, the world stands to see $10 trillion wiped off the global economy over the next 30 years WWF Global Futures pushes 'nature-based solutions' agendaFebruary 2020 -
The recent Global Futures report estimated that the world economy will lose $10 trillion between 2011 and 2050 due to the loss of ecosystem services - equivalent to what the global Gross Domestic Product (GDP) lost in the decade since 2008, when the economic meltdown started. WWF: losing nature means losing our economyFebruary 2020 -
The price tag our current economic model will exact on nature is $9.87 trillion. This is how much money we will lose by 2050 if we continue with "business as usual," according to a new report. WWF Warns of Global and Country Specific Losses from Ecosystem Service DeclineFebruary 2020 -
The World Wildlife Fund (WWF) has published its Global Futures report, which calculates the economic cost of nature's decline across 140 countries. The report finds the loss of coastal protection services to be among the most significant nature-related risks to economies; that forest loss is a growing threat to global climate and economy; and that nature loss will significantly affect food systems. It also relays how rising costs for raw materials will negatively impact those sectors with a high dependence on nature. Pengamat Pertanyakan Gelar Negara Maju dari AS Untuk RIFebruary 2020 -
Pengamat Indef Aviliani mempertanyakan gelar negara maju yang diberikan Presiden Amerika Serikat (AS) Donald Trump kepada RI beberapa waktu lalu. Aviliani menilai Indonesia belum memenuhi parameter penentu negara maju. Study addresses deforestation, confirms benefits of US biodieselJanuary 2020 -
The impacts of U.S. biofuel policy on deforestation in Malaysia and Indonesia are found to be insignificant, according to the latest research from leading economic modeling experts at Purdue University. The study looked at concerns from renewable fuel opponents claiming that biofuels are to blame for increased agricultural activity in southeast Asia. Don't blame U.S. biofuels for Indonesia and Malaysia deforestation, study showsJanuary 2020 -
Since 1990, the United States has ramped up its production of biofuels - to about 16 billion gallons of ethanol and 1.6 billion gallons of biodiesel in 2017. At the same time, production of palm oil has increased nearly sixfold, mainly for food production, and with it significant deforestation in Indonesia and Malaysia. 2019 (49)
Stories of Change: Climate + NigerNovember 2019 -
In the Sahel region of West Africa, Niger is struggling to feed its 21 million people. Niger has one of the fastest growing population in the world at a rate of 3.9 percent annually. As a landlocked country, Niger is used as a migration route for undocumented Africans traveling across the continent, and transnational security with bordering countries is an ongoing concern. The country's poverty rate is at 44.1 percent, making it one of the world's poorest countries. Top off these less than ideal conditions with the effects of climate change and you have what one researcher calls a "perfect storm." RCEP's Economic Impact in AsiaNovember 2019 -
RCEP, along with the CPTPP, will help drive deep integration in Asia. Holdouts like India will suffer the most. Not so greenOctober 2019 -
Greta Thunberg accuses rich countries of "creative carbon accounting" Behind the Research: GTAPOctober 2019 -
When people from more than 40 countries meet at the annual Conference on Global Economic Analysis - whether in Warsaw, Melbourne, Shanghai or West Lafayette - they share a common language developed at Purdue. Clarity and transparency are hallmarks of this language, because the work is used to shape important policy decisions across the world. Could This Tree Be An Eco-Friendly Way To Wean Indonesian Farmers Off Palm Oil?October 2019 -
Last month Thomas Hertel, a professor of agricultural economics at Purdue University, co-authored a paper in the Proceedings of the National Academy of Sciences. He argued that even if the EU ban comes to pass, and even if it successfully reduces the trade of palm oil, local farmers aren't just going to automatically keep the forests in place. Purdue economists warn palm oil solutions may have unintended consequencesSeptember 2019 -
The growth of palm oil, the most-consumed vegetable oil in the world, has been fueled by expansion of palm plantings in Malaysia and Indonesia that have contributed to massive deforestation in those countries. The carbon and biodiversity losses there have spurred the European Union and others to call for measures to slow palm oil sales and limit forest losses. Purdue team gets $3 million to explore consequences of sustainability policiesSeptember 2019 -
A rapidly growing global population in the midst of a changing climate had led to serious sustainability issues and choices surrounding water, food and energy. These stresses and the policy responses will vary by locality, but they will have global repercussions that will ultimately affect the success of those choices. Purdue Researchers Examine Ag SustainabilitySeptember 2019 -
A team of researchers from Purdue University is embarking on a mission to explore agricultural sustainability as it pertains to a growing global population. The National Science Foundation awarded $2.5 million to an interdisciplinary team of Purdue researchers to examine how global stresses can affect local communities and vice-versa. The U.S. Department of Agriculture also awarded an additional $500,000 to the program. RCEP must move forward, with or without IndiaSeptember 2019 -
As the international trading system grows increasingly strained under the escalating US-China trade dispute and the paralysis of WTO reform, many have eagerly called for the conclusion of the Regional Comprehensive Economic Partnership (RCEP) by the end of 2019. The ASEAN-led initiative is a mega regional free trade agreement (FTA) that was first launched in November 2012 and to date has seen 27 rounds of negotiations. Renowned Purdue agricultural economist passes awayAugust 2019 -
Wallace Tyner, the James and Lois Ackerman Professor of Agricultural Economics at Purdue University, passed away on Saturday (Aug. 17) after a brief illness. He is survived by his wife Jean, his sons Davis and Jeffrey, their wives, and four grandchildren. Loss of Wally Tyner reverberates around the worldAugust 2019 -
When Morocco was negotiating a free trade deal with the U.S. in 2004, Wally Tyner, the James and Lois Ackerman Professor of Agricultural Economics, played a major role without ever sitting at the table. GTAP 10 Data Base release nears as the world needs it mostJuly 2019 -
I suspect there isn't a trade minister on Earth that hasn't heard of the Global Trade Analysis Project (GTAP). There's not a trade agreement in the world that is signed without numerical analysis using the GTAP Data Base or a GTAP Model. As economics gain global attention, Purdue's GTAP gathers worldwide leadersJune 2019 -
Individuals from 43 countries will soon gather in Poland at the 22nd Annual Conference on Global Economic Analysis to exchange ideas and share their distinct perspectives. The annual conference is organized by the Center of Global Trade Analysis in the Department of Agricultural Economics at Purdue University. No matter their nationality, attendees are linked by the same common language for global economic analysis, one developed at Purdue University. Pence tells farmers 'We're with you'April 2019 -
Vice President Mike Pence pledged the Trump administration's agriculture trade plan, the U.S.-Mexico-Canada Agreement, would help relieve current burdens from a downturn in the economy and lower commodity prices. Little Gained from Months Lost to USMCA TalksApril 2019 -
Rather than a win-win-win, the new North American free trade agreement might be a win-win-loss. Or just an ugly tie, depending how finely you parse new research by three economists in the Western Hemisphere division of the International Monetary Fund (IMF). US, China Near Completion Of Trade DealMarch 2019 -
With both countries potentially lifting tariffs, the U.S. and China are reportedly nearing a trade deal. A formal agreement could come around the end of March, although hurdles do remain in such a potential arrangement, The Wall Street Journal reported. US Trade Policy Flux Hurting FarmersMarch 2019 -
Backing out of the Trans Pacific Partnership (TPP), renegotiation of the North American Free Trade Agreement (NAFTA), an ongoing trade battle with China and resulting retaliatory tariffs against the United States are all trade policies that are costing U.S. farmers dearly, according to an updated Purdue University analysis released on Monday. AG 'RISKS LOSING MUCH OF THE TRADE GAINS ACHIEVED OVER THE PAST THREE DECADES'March 2019 -
The U.S. food and agriculture sector would lose nearly $22 billion in exports, equal to 15% of this year's sales forecast, if the U.S. scrapped NAFTA without a replacement on top of withdrawing from TPP, said three Purdue economists in a report on Monday. "Under this more pessimistic outcome, the negative trade impacts would be reflected in lower incomes for U.S. farmers, reduced land returns, and labor displacement." PURDUE ECONOMISTS SAY AGRICULTURE STILL BENEFITS IF US RE-ENTERS TPPMarch 2019 -
Backing out of the Trans Pacific Partnership (TPP), renegotiation of the North American Free Trade Agreement (NAFTA), an ongoing trade battle with China and resulting retaliatory tariffs against the United States are all trade policies that are costing U.S. farmers dearly, according to an updated Purdue University analysis released on Monday. It's not easy making an egg out of an omeletMarch 2019 -
Few know this better than U.S. farmers and ranchers who have held their collective tongue while the White House used the last two years "to level the playing field" in multilateral trade, explains the Global Trade and Analysis Project (GTAP) at Purdue University. Trump's trade warMarch 2019 -
The US-China trade war may be defusing but it is nowhere near an end. US President Donald Trump lifted a deadline of March 1 for China to agree to concessions on trade. Is The New NAFTA Any Good?March 2019 -
President Donald Trump has lauded his own North American trade pact as the largest and most significant such deal ever struck. But since he tends toward hyperbole and that characterization is demonstrably false, we need to use some other measure to determine how good the USMCA really is. Mexico could accept steel quotasMarch 2019 -
Mexico could accept some quotas in exchange for the Trump administration lifting steel and aluminum tariffs, the country's former USMCA negotiator says - but that could be contingent on the U.S. agreeing to exclude some products. IMF study: Canada and Mexico gain under USMCA, U.S. losesMarch 2019 -
The effect of the U.S.-Mexico-Canada Agreement on the three countries' GDP will be "negligible," according to an analysis published this week by the International Monetary Fund, with Canada and Mexico set to enjoy small gains while the U.S. takes a small hit. "In total, USMCA countries have a combined welfare gain of $538 million.... Canada's welfare increases by $700 million and Mexico's increases by $600 million, while that of the United States declines," the paper reads. SDGs 'failing to create transformational change'February 2019 -
The Sustainable Development Goals (SDGs) are often failing to produce the profound changes needed to achieve their ambitious objectives due to a lack of coordination across the 17 separate goals, the American Association for the Advancement of Science (AAAS) annual meeting heard. Trade war wrecked billions' havoc in both US & Chinese economies in 2018January 2019 -
The US-China trade war caused a caustic corrosion for both US and Chinese economy in 2018, resulting in billions of dollars of losses, hitting industries including technologies, autos and agriculture. The tariff war between world's two largest economies instigated pernicious pain for both, and in particular, US agricultural had been hit hurt, as several reports revealed the news of damaged agricultural products on the US fields, while the inventories had already been full. Is the U.S. Government Financially Benefitting from Added Tariffs?January 2019 -
Trade negotiations between the U.S. and China are ongoing, with the trade truce now facing a deadline of less than two months away. U-S Trade Representative Robert Lighthizer has a busy schedule next week, as he and others are preparing for trade talks with China in Beijing. President Donald Trump took to twitter ahead of those talks, touting the benefits of tariffs. Hillberry: Trump fighting trade war on many frontsJanuary 2019 -
The U.S. Department of Agriculture is projecting agricultural exports of $141.5 billion in fiscal year 2019, down from $143.4 billion in 2018. Much of the expected decline in total exports is attributable to soybeans and cotton. Study: Tariffs on metals will cost U.S. agriculture billionsJanuary 2019 -
United States tariffs on steel and aluminum will cost the nation nearly $2 billion in agricultural exports each year -- even if a new trade deal with Mexico and Canada is ratified, according to a study from Purdue University. 2018 (93)
Cease-Fire with U.S. and China is Good News, but Challenges RemainDecember 2018 -
A Purdue University ag economist says the cease-fire between the U.S. and China is a step in the right direction. China has said it will purchase more U.S. ag goods and Wally Tyner predicts that China will buy more U.S. soybeans soon, but not because of the trade truce... UN forecasts trade war to hammer Asia-Pacific export growthDecember 2018 -
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The US-China trade war will cause Asia-Pacific trade to slow in 2019, cutting the growth of exports to 2.3 per cent compared to the nearly 4 per cent by which they grew 2018, the UN said on Wednesday in a report calculating the costs of escalating trade tensions between the world's two biggest economies. Four Times More Tariff Pain Than Financial Gain in 'New NAFTA' November 2018 -
For the administration, the proposed United States-Mexico-Canada Agreement (USMCA) is a vindication of President Trump's raw-muscled confrontation of trading partners. But although Trump declared that the USMCA "is a very, very big deal for our farmers," a study released on Wednesday says U.S. farm exports will fall by $1.8 billion due to retaliatory tariffs by Mexico and Canada. That would be four times larger than the $450 million in gains that would be generated by "modest market access improvements" in the successor to NAFTA. Tariffs could negate gains from new NAFTA, Farm Foundation says in reportNovember 2018 -
The deals struck by the U.S., Mexico and Canada in renegotiating the North American Free Trade Agreement promise new trading opportunities for U.S. farmers, but the Trump administration's trade wars and the tariffs that go with them more than negate the potential gains, according to a new study presented today by the Farm Foundation. Tariffs Overwhelm USMCA GainsNovember 2018 -
The new North American free trade agreement, once ratified, will provide a bump in U.S. agricultural exports. But an analysis released Wednesday by the Farm Foundation shows those trade gains are overwhelmed by lost exports due to retaliatory tariffs. Retaliatory tariffs to inflict heavy losses on U.S. agricultural exports: studyNovember 2018 -
U.S. agricultural exports are expected to decline by 1.8 billion U.S. dollars due to retaliatory tariffs from Canada and Mexico in response to the U.S. decision to impose tariffs on steel and aluminum imports, and could suffer greater losses with broader retaliation from other trading partners, a new study has found. Study: Net loss to US ag from USMCANovember 2018 -
Though the new United State-Mexico-Canada Agreement, or USMCA, will increase U.S. dairy and poultry exports to Canada, the gain may be more than offset by retaliatory tariffs, a new study shows. Soybeans Could Be the Breakout Crop of 2019November 2018 -
According to the U.S. Farms Report, agricultural economist Wally Tyner of Purdue University said the U.S. could lose 9 million acres of soybeans permanently if the trade war isn't settled. China Trade War Could Cost U.S. 9 Million Acres of SoybeansOctober 2018 -
Planted soybean acres in the U.S. have soared the past few years. The latest estimate from USDA pegged 2018 soybean planted acreage at 89.6 million acres. While that was a 1 million acre drop from 2017, soybean acreage still surpassed corn acres this year and is up more than 10 million acres this decade. The world cannot afford a full-scale trade warAugust 2018 -
August 2018 - The idea of globalisation and free trade has gained prominence in the world over the past three decades. Despite some limitations, globalisation and free trade regime are seen as beneficial for economic development, poverty reduction, and enhanced integration among countries. Fact Check: Trump Distorts Facts on Agricultural TradeJuly 2018 -
In a Fox Business interview, President Donald Trump singled out trade barriers as a reason for five "very bad years" for U.S. farmers. But agricultural economists blame low farm commodity prices - not trade barriers. Farmers starting to feel effects of trade warJuly 2018 -
The Trump administration began talking about imposing tariffs on Chinese imports in January, starting what has come to be called a trade war. Trump's threats led China to threaten retaliatory tariffs on U.S. goods, including soybeans and pork. Both countries enacted the threatened tariffs on July 6. The administration also imposed tariffs on goods from the European Union, Canada and Mexico, leading those countries to impose retaliatory tariffs as well. Those tariffs also included farm goods as foreign leaders looked to hurt areas that voted for Trump. In Whitsitt's opinion, the tariffs have hit their mark, as far as farmers go. Tyner: 'Lose-Lose' Situation Brewing With Trump TariffsJuly 2018 -
Purdue University agricultural economist Wally Tyner says $12 billion in recently-announced federal aid for farmers will not offset the long-term damage if a series of international tariffs levied by President Donald Trump stick around. Tyner says barriers created by the tariffs and the ensuing retaliatory measures from trading partners like China, Mexico and the European Union are a "lose-lose" situation for all involved. In an interview with Inside INdiana Business, Tyner says if trade disagreements can be solved within a year -- which is the length of time the emergency aid is designed to cover -- the negative effects will be minimal. Impacts of Possible Chinese 25% Tariff on U.S. Soybeans and Other Agricultural CommoditiesJune 2018 -
Trade conflicts between the United States and China have escalated recently. The Chinese government has threatened to impose a 25% tariff on 128 U.S. products in response to a U.S. proposal to impose a 25% tariff on imported products from China (USDA, 2018a). The Chinese list includes several agricultural products, including (but not limited to) soybeans, wheat, corn, sorghum, and beef. Among these commodities, soybeans is the largest agricultural export from the United States to China. Since the United States produces large amounts of soybeans (117 million metric tons (MMT) in 2016) and exports more than half that to other countries, the Chinese tariff on U.S. soybeans alone could generate major economic consequences for U.S. agriculture. In addition to soybeans, China also imports significant quantities of wheat, sorghum, and corn from the United States. Extending the coverage of Chinese tariffs on these products could amplify the economic implications of China's retaliation policy for U.S. agriculture. HIGHER GAS PRICES EXPECTED TO CONTINUE THROUGH THE SUMMERMay 2018 -
Drivers in the Midwest are seeing higher prices at the pump and an ag economist with Purdue University says the prices will likely continue through the summer.
Wally Tyner says there has been a steady increase in gas prices since crude oil jumped from $50 dollars per barrel in November to $70 dollars per barrel today. The slippery path to sustainable irrigationMay 2018 -
Some of the world's largest water bodies have been dispersed for irrigation. What does sustainable irrigation look like, and who turns on the tap? The Irrigation Australia International Conference and Exhibition will bring these questions to the table. How the Civil Service has misled us about the costs of Brexit and the Customs UnionMay 2018 -
The Civil Service has recently produced a 'Cross-Whitehall Brexit Analysis' arguing that a Brexit in which the UK leaves the EU Customs Union and establishes Free Trade Agreements with the EU and around the world will damage the UK economy by between 1.2% and 6.2% over the next decade and a half (this excludes the assumed effects of migration and regulation changes which do not concern trade). Is Vietnam's apparel export potential too optimistic?May 2018 -
ietnam's clothing exports have surged over the past decade, and the country is widely seen as the 'next China' for apparel sourcing. But despite optimism for further expansion under the upcoming CPTPP and EVFTA trade pacts, buyers should instead prepare for limited growth, according to an analysis by Dr Sheng Lu, associate professor at the Department of Fashion and Apparel Studies at the University of Delaware. China targets U.S. soybeans in second round of retaliationsApril 2018 -
China came out swinging with another round of retaliatory tariffs early Wednesday morning -- with a new list of 106 products that includes a 25% tariff on soybeans -- in response to the Section 301 actions imposed by the U.S. regarding intellectual property. On Monday, China began instituting tariffs on 128 U.S. products, including pork, ethanol, fruit and wine, in response to President Donald Trump's steel and aluminum tariffs. Trade war hurts both countriesApril 2018 -
Chinese soybean imports from the United States could decrease by as much 71 percent if China were to impose trade restrictions on U.S. soybeans in response to U.S. tariffs on Chinese products, according to a study for the U.S. Soybean Export Council conducted by Purdue University agricultural economists Wally Tyner and Farzad Taheripour. More on Tariff Dispute with China: USDA Secretary Says Farmers Will be ProtectedApril 2018 -
The U.S. will protect its farmers during rising trade tensions between the U.S. and China, Agriculture Secretary Sonny Perdue told the National Rural Electric Cooperative Association yesterday (see Reuters). This follows a statement from USDA last week stating that it was looking for ways to shield farmers from the conflict between China and the U.S Ag experts troubled by GOP Senate candidates' tariff talkApril 2018 -
INDIANAPOLIS (AP) - Indiana's three Republican Senate candidates continue to voice support for President Donald Trump's trade brinkmanship with China, even as economists and agriculture experts warn that a trade war would drive farmers into bankruptcy while hurting the state economically. How Trump's Tariffs Are Squeezing His Farmer Support BaseApril 2018 -
Farmers helped carry President Donald Trump to White House.
But as the former businessman threatens to unleash a global trade war, the same farmers are now forced to come to terms with how up to $150 billion in proposed tariffs on Chinese goods, and subsequent backlash from the Middle Kingdom, could hurt their livelihood. Study: Escalating trade war would hurtApril 2018 -
WEST LAFAYETTE, Ind. - Chinese soybean imports from the United States could drop significantly under trade restrictions imposed by China on U.S. soybeans in response to U.S. tariffs on Chinese products, according to a study for the U.S. Soybean Export Council conducted by Purdue University agricultural economists Wally Tyner and Farzad Taheripour. Panelists and former senator discuss global food securityApril 2018 -
Purdue University is a place of outreach concerning food security to universities all over the world," former U.S. Sen. Richard Lugar said this morning, urging students to become involved in the international effort to combat food insecurity. To Be Clear, Trump's Tariffs Were Not 'Produced by Purdue University'March 2018 -
I was intrigued to see Purdue University's name plastered all over the U.S. Department of Commerce document that made the case for President Trump's 25 percent tariff on imported steel. Six times in the document the same phrase appears: "According to the Global Trade Analysis Project (GTAP) Model, produced by Purdue University ...." Forty-four African countries sign a free-trade dealMarch 2018 -
Based on UNCTAD paper: "African Continental Free Trade Area: Challenges and Opportunities of Tariff Reductions" by Mesut Saygil, Ralf Peters, and Christian Knebel (http://unctad.org/en/pages/PublicationWebflyer.aspx?publicationid=1990) Agriculture’s time in the spotlight: Focusing on the 2018 farm billMarch 2018 -
As U.S. net farm income continues its decline to lows not seen in a decade, agriculture is using this spring to ready for its turn in the political spotlight. The 2014 farm bill, which supports farm incomes and agricultural risk management (among other things), is set to expire at the close of fiscal 2018 this September. Consulting Firm Says Trump Tariffs Will Cost 146,000 JobsMarch 2018 -
Donald Trump says his tariffs on steel and aluminumn will bring back jobs to the United States. A consulting outfit called The Trade Partnership says he's right-but only at the cost of losing jobs in lots of other areas. Tariffs would have significant impact throughout Indiana economyMarch 2018 -
Some Indiana manufacturers might initially benefit if tariffs proposed last week by President Donald Trump are enacted, but the state's overall economy could suffer because other Indiana industries use what would be more expensive steel and aluminum and because other nations might adopt retaliatory trade practices, according to Wally Tyner, James & Lois Ackerman Professor of agricultural economics at Purdue University. Study: U.S. soybean production, exports would fall if China imposes tariffsMarch 2018 -
WEST LAFAYETTE, Ind. - Chinese soybean imports from the U.S. could drop by as much 71 percent if China were to impose trade restrictions on U.S. soybeans in response to U.S. tariffs on Chinese products, according to a study for the U.S. Soybean Export Council conducted by Purdue University agricultural economists Wally Tyner and Farzad Taheripour. U.S. soybean exports to China could fall 71 percent in trade spat, study findsMarch 2018 -
If China imposes retaliatory tariffs on U.S. soybeans, exports to Beijing could drop by nearly three-quarters, a new study finds. The study -- conducted for the U.S. Soybean Export Council by two agricultural economists at Perdue University, Wally Tyner and Farzad Taheripour, and released on March 28 -- modeled the effects of Chinese tariffs ranging from 10 to 30 percent on U.S. soybean imports. Fight Over Ethanol Escalates as Bankruptcy Refuels DebateFebruary 2018 -
The battle between U.S. farm interests and oil-refining advocates such as Carl Icahn is heating up again as the two sides fight over whether the ethanol mandate is to blame for the bankruptcy of the U.S. East Coast's largest refinery. Seifsa worried about potential impact of proposed US steel import tariff increasesFebruary 2018 -
The Steel and Engineering Industries Federation of Southern Africa (Seifsa) warns that the difficulties facing the local steel industry will continue to worsen in the year ahead if the US Department of Commerce's recommendation for a tariff of at least 53% on all steel imports from 12 countries - including South Africa - is accepted. United States probe on steel imports has global implicationsFebruary 2018 -
The US Department of Commerce has since submitted a much awaited investigation report on impact of imported steel on national security of USA under Section 232 of the Trade Expansion Act of 1962 as amended. The report makes a strong case against rising level of steel imports to USA, the largest importer of steel, on hurting the capability of domestic steel producers to serve the critical sectors which supply major components to US defence industry and also the welfare of certain industries critical to minimum operations of the economy and government. The rationale runs like this. First, unabated steel imports from a specified group of countries (Brazil, S Korea, Russia, China, S Africa, Malaysia, India, Vietnam, Turkey, Egypt and Costa Rica) has adversely affected the margin, profitability, capacity utilisation and capability for further capital expenditures of the domestic producers leading to increasing unemployment in the country and thereby weakening the US economy and this may impair the national security. These damages are irreparable and cannot be countered only by spate of trade measures imposed by USA (currently more than 150 number of AD and CVD measures against 25 countries) as these are time consuming and not falling under permanent redressal measures. An Alternative Brexit Polemic February 2018 -
You would think, wouldn't you, that an "Alternative Brexit Economic Analysis" by four highly experienced and qualified economists would be a rigorous exercise in economic forecasting, supported by excellent econometrics and with care taken to avoid confirmation and selection bias? What sort of trade policy should the UK be pursuing after Brexit?February 2018 -
With all the sound and fury of recent discussion of whether we should be in or out of the EU customs union, one might think this was a new question. However for me and for Economists for Free Trade, it has always been one of the key central issues to which we gave a clear answer: the EU is a highly protectionist body, and it is in the UK's interest to get rid of this protection against the rest of the world. Even the new Civil Service approach seems to show the benefit of Free Trade outside the EU Customs UnionFebruary 2018 -
The Civil Service reportedly has redone the Treasury's Brexit long-term forecasts with a new approach, so say numerous leaks via Buzzfeed and elsewhere. 'Officials believe the methodology for the new assessment is better than that used for similar analyses before the referendum,' reports Buzzfeed. This new approach has, it seems, dumped the old Treasury calculations and methodology published in the original Treasury Project Fear report during the referendum. Plainly, the criticisms of this old approach - persistently so from us at Economists for Free Trade - have hit home; if so, that is real progress. US government report strengthens consensus on biodiesel benefitsJanuary 2018 -
A new study on biodiesel's lifecycle energy and greenhouse gas (GHG) emission effects updates and reaffirms the long-understood benefits of using the renewable fuel. The study is the latest in the significant body of transparent, peer-reviewed, studies that conclusively quantify biodiesel's widespread benefits. The report, recently published by a collaboration between Argonne National Laboratory, Purdue University and USDA, represents the most up-to-date and comprehensive lifecycle analysis of biodiesel ever produced. Results confirm that biodiesel compared to petroleum diesel reduces GHG emissions by 72 percent and fossil fuel use by 80 percent. 2017 (39)
Will the resurrected TPP be ratified?December 2017 -
On the sidelines of the APEC Summit in Vietnam, 11 countries on the Pacific Rim decided to go ahead with the Trans-Pacific Partnership (TPP) despite the US withdrawal. TPP's Resurrection: Will It Be Finally Ratified? - OpEd November 2017 -
The resurrected and renamed TPP, or the CPTPP, is a "high quality agreement" in terms of content and economic impacts. The ratification rule has been revised, which should facilitate the signing of the final agreement. Carbon's economic damage costlier than thought based on current scienceNovember 2017 -
WEST LAFAYETTE, Ind. - The data used to calculate the damage that an additional ton of carbon dioxide has on the global economy has long relied on outdated science. Recent updates modeled by the University of California, Davis and Purdue University raise the calculations of those costs significantly and change the outlook on climate change from a positive for agriculture to a negative. Carbon's economic damage costlier than thought based on current scienceNovember 2017 -
The data used to calculate the damage that an additional ton of carbon dioxide has on the global economy has long relied on outdated science. Recent updates modeled by the University of California, Davis and Purdue University raise the calculations of those costs significantly and change the outlook on climate change from a positive for agriculture to a negative. Should the Social Cost of Carbon Be Higher?November 2017 -
As the Trump administration slashes federal estimates of the future costs of climate change, new research suggests that even the much higher cost calculated by the Obama administration might be too low. The Social Cost of Carbon DoublesNovember 2017 -
The "social cost of carbon" - an influential figure used by policymakers to weigh the value of efforts that reduce greenhouse gas emissions - is outdated and underestimated. Updated estimates focused on the agricultural sector alone more than double the social cost of carbon, according to analysis from the University of California, Davis, and Purdue University. Is TPP Dead without America?November 2017 -
Perhaps no trade deal has been agreed to more times than the Trans-Pacific Partnership (TPP) has, firstly in 2005 taking the form of the Trans-Pacific Strategic and Economic Partnership, and then in 2016 as the enlarged U.S.-led TPP-12, and (hopefully) finally in November 2017 with the renamed "Comprehensive and Progressive Agreement for Trans-Pacific Partnership" (CPTPP). The CPTPP, once a legal text is fully worked out, will take effect when six of the eleven remaining countries ratify it. Parliament debate debunks misconceptions on #biodiesel carbon savings and benefitsOctober 2017 -
Ahead of key votes on the post-2020 EU Renewable Energy Directive (RED II) in the ITRE, ENVI and TRAN Committees of the European Parliament (EP), EU Biodiesel Chain held a debate in Strasbourg aimed at countering misperceptions on biofuels with latest scientific findings on the positive role of biodiesel production in decarbonizing transport and in agricultural sustainability. Sustainable irrigation may harm other goalsOctober 2017 -
Pursuing sustainable irrigation without significant irrigation efficiency gains could negatively impact environmental and development goals in many areas of the world, a new study has found. How a group of Florida tomato growers could help derail NAFTAOctober 2017 -
Tony DiMare, a third-generation Florida tomato grower, has spent two decades contending with cheap Mexican imports, watching his neighbors abandon crops in their fields and sell off their farms when they couldn't match the price of incoming produce. Russell Hillberry Continues Conversation on Borders and Their Human ImpactOctober 2017 -
The Center for International Education at Washington and Lee University will host a lecture by Russell Hillberry, associate professor of agricultural economics at Purdue University, on Oct. 30 at 7 p.m. in the Atrium located in the Ruscio Center for Global Learning. The talk is free and open to the public Update of the Customs Union Agreement (Turkish)September 2017 -
The Customs Union Agreement (GBA), which has been in force since 1996 between the Republic of Turkey and the EU, has made mutual industrial goods free to trade. The EU's main export product is industrial goods. There are two preferential trade agreements between Turkey and the EU. An Analysis of the Possibility of Shanghai Cooperation Organization's Free Trade Area (Chinese)September 2017 -
The establishment of the FTA is one of the future cooperation directions of the Shanghai Cooperation Organization. It will help to further enhance the level and scale of regional cooperation, strengthen the coordination of regional rules and build a platform for cooperation with Eurasian Economic Alliance. At present, the SCO FTA has almost all members of the WTO, political mutual trust is good, multilateral and bilateral cooperation mechanism is more complete, adequate construction funds and other favorable conditions, at the same time, also to a certain extent subject to trade structure imbalance , The difference between the level of tariffs, the region within a variety of international cooperation mechanism to contain, non-tariff barriers and other factors. In view of the current level of strength of member states, on the free trade area from the trade of goods to start, and gradually upgrade to deepen. South Asia's greater integration in AsiaAugust 2017 -
The regional integration and cooperation initiative in South Asia started with the formation of the South Asian Association for Regional Cooperation (SAARC) in 1985. SAARC includes Afghanistan, Bangladesh, Bhutan, India, Nepal, the Maldives, Pakistan and Sri Lanka. Purdue research team works to meet the United Nations' sustainable development goalsAugust 2017 -
Thomas W. Hertel, Purdue University professor of agricultural economics, and his team aim to develop a multidisciplinary approach for managing the earth's unowned natural resources such as the oceans, atmosphere, and space, also known as the global commons, in order to establish an applied research consortium which will analyze scenarios and explore policy alternatives. These alternatives will promote responsible public and private investment, sustainable management of critical, shared natural resources, and collective action toward meeting the United Nations' Sustainable Development Goals. Artificial intelligence won't steal your slice, it'll grow the pieAugust 2017 -
In pop culture, AI is often associated with a terrifying rise of the machines and a dystopia in which only the fittest, handsomest humans survive.
To wit: Facebook AI bots, "Bob" and "Alice," were quickly shut down after they started using their own language to communicate with each other.
"Sizing the Prize," from PwC flips that image on its head and forecasts enormous economic impact from AI by 2030. With Global Trade Analysis Project (GTAP) data on the size of different economic sectors, the report forecasts global GDP will increase by 14% in 2030 as a result of the accelerating development and take-up of AI. That would mean an additional $15.7 trillion, with the greatest gains in China (up to a 26% boost of its GDP) and North America (up to a 14% GDP boost) - more than the current output of China and India combined. Trade Winds ShiftingJuly 2017 -
New patterns are disrupting global trade, altering relationships and reshaping international business practices. SCO Habits: Facilitation and FTA are more favorable to Central Asian countries (Chinese)June 2017 -
According to the Hornsey, the economic impact of trade facilitation in the future SCO and every member country (including India and Pakistan) is analyzed by the model. The results show that, assuming that the import and export clearance time of each country is reduced on an existing basis 25%, then the overall GDP of the region will increase by $ 54 billion, the overall welfare increase of $ 48.5 billion, exports increased by $ 20 billion, imports increased by $ 19.8 billion. Central Asian countries and Pakistan have benefited more, with GDP growth, export and import growth exceeding China, Russia and India. RCEP and its potential impact on textile and apparel tradeJune 2017 -
The Regional Comprehensive Economic Partnership (RCEP) has the potential to be one of the most significant mega-FTAs in the world, both economically and politically. And as Dr Sheng Lu, assistant professor at the Department of Fashion and Apparel Studies at the University of Delaware explains, the implications for the textile and apparel trade are enormous. More than 200 economists and policy advisers from around the world gather for landmark global trade meetingMay 2017 -
For many people, the Great Recession of 2007-09 was an unwelcome revelation as to how interdependent global economies had become. The economic downturn in the United States triggered economic slowdowns in many countries. As The Economist noted in a 2009 article, "a downturn anywhere would become a downturn everywhere." Yet, that reality had long been recognized by leading economists and researchers. That's why many of them find more significance in the upcoming 25th anniversary of the Global Trade Analysis Project (GTAP), a collaboration of more than 15,000 researchers in 170 countries that revolutionized the analysis of trade policies and their global impact. Should corn growers be nervous about Donald Trump?April 2017 -
There are a few sacred cows in midwestern politics - fried foods, state fairs, manufacturing jobs - but lately, the most untouchable of them has been ethanol: ensuring that the fuel made from midwestern corn continues to be pumped into cars around the country. Audu Ogbeh: Taking The Giant Leap To Reposition Agricultural SectorMarch 2017 -
According to the Oxford Business Group report of 2016, the Agricultural sector in Nigeria is performing solidly well. The report states that the sector grew at the rate of 3.48% in the fourth quarter of 2015 and a full year of 3.72% well above general economic growth of 2.11%. Blessed with abundant land and water resources, Nigeria's agricultural sector has a high potential for growth, but this potential unfortunately has never been realized until recently. Editorial with the foot to rule the country (Chinese)March 2017 -
President Tsai has announced that this year's first task is to fight the economy, the Executive Yuan will be proposed in this month about 800 billion scale "forward-looking infrastructure projects", hoping to expand domestic demand, driving economic momentum. This policy has caused a high degree of interest in various counties and cities, all actively reported local construction programs to snatch budget cake. Before the approval of the infrastructure project in the prefectural government, it would definitely be possible to increase the multiplier effect that the project was expected to play if the principal was to replace the word "rule by country" Britain and the United States have "breach of contract" test the world economic order (Chinese)March 2017 -
US President Trump on the first day of his administration to sign an administrative order, announced the withdrawal of the TPP agreement, while the British Prime Minister Mei in the lower house to celebrate the removal of the European mandate. The two news that is sufficient to occupy the headlines actually have their common denominator, that is, the breach of contract between Britain and the United States is to overthrow the commitment of the former government to international law in the regional economic agreement (RTA). TPP12 Vs TPP11: Gainers And Losers - AnalysisFebruary 2017 -
The Trans-Pacific Partnership among 12 nations (TPP12) was thrown into disarray after President Donald Trump pulled the United States, the largest economy in the grouping, out of what was to be a landmark trade deal. Presently, a number of remaining TPP members including Australia, New Zealand, Chile and Singapore are making the case for a trade pact without the US, dubbed TPP11 or "TPP 12 minus one". How Purdue is Doing Cover Crop Research ProjectFebruary 2017 -
Wally Tyner, a professor in Purdue's Department of Agricultural Economics, said he has his work cut out for him exploring the economics of cover crops. There are so many variables and so little history. The study is a collaborative effort with the Farm Foundation. 2016 (28)
Free trade means more investments and increased mobilityDecember 2016 -
Free trade means giving people and private enterprises the freedom to produce more commodities that consumers demand at certain prices. These producers then leave sectors and areas where expected returns and other gains are lower if not dwindling. Tyner named fellow from the American Association for the Advancement of ScienceNovember 2016 -
Eight Purdue University professors, including GTAP's own Wally Tyner, have been awarded the distinction of fellow from the American Association for the Advancement of Science, the world's largest general scientific society. The professors are being honored for their efforts toward advancing science applications that are deemed scientifically or socially distinguished.
*Wallace E. Tyner, James & Lois Ackerman Professor of Agricultural Economics in the College of Agriculture - For distinguished contributions in agricultural and energy economics and research at the interface of the two areas, especially biofuels economics and policy. How would end of NAFTA affect US apparel industry?November 2016 -
President-elect Donald Trump has made no secret of his dislike of the North American Free Trade Agreement (NAFTA) between the US, Mexico and Canada. But far from bringing back 'Made in USA'; manufacturing, withdrawing from the pact would hurt US textile exports and do little to curb apparel imports, according to an analysis by Dr Sheng Lu, assistant professor at the Department of Fashion and Apparel Studies at the University of Delaware. Improving the analytical framework to accurately predict China 's grain demand (Chinese)November 2016 -
China as a high-income development stage is from the stage of high-income development, from the late urbanization to the maturity of urbanization, from traditional agriculture to modern agriculture transformation of the population, how to meet the whole society on the growing demand for food, Is a major topic of great concern to the international community and a core issue of China's agricultural policy in the future. China Economic Times today published a set of research reports, respectively, from the improvement of forecasting model and analysis framework to estimate the peak value of China's total food consumption, to determine the peak of China's per capita food demand and effective response to changes in food demand and the arrival of peak Analysis and policy recommendations, please readers attention. Walloon rejection of CETA, new hitch for free trade (French)October 2016 -
As Heads of State of Canada and European Union member states were about to meet in Brussels on 27 October to adopt the text of the Comprehensive Economic and Trade Agreement (CETA), more often referred to as the acronym CETA), two Belgian regional parliaments have just vetoed them. Will this decision be enough to bury this project? ? Nothing is less sure. A new study presented to the Parliament of Wallonia nevertheless sharpens the economic arguments of the opponents by identifying, in figures, its unique beneficiaries: investors. Purdue professor speaks at Vatican conference on economics and societySeptember 2016 -
Purdue agricultural economist Dominique van der Mensbrugghe spoke Sept. 21 at a conference on economics and inequality hosted by the Vatican. He spoke alongside Nobel Prize winner Angus Deaton and professor Jean-Paul Fitoussi of Rome's LUISS Guido Carli University in the Vatican's Courtyard of the Gentiles. Biodiesel's ILUC emissions further reduced in Purdue modelingSeptember 2016 -
Biomass-based fuels present a tremendous opportunity to transition toward a more sustainable mix of renewable energy. This was a key theme of an alternative fuels workshop hosted Sept. 14 by the U.S. DOE in Macon, Georgia. The workshop examined the sustainability of feedstocks like soybean oil, which can be used to make biodiesel or alternative jet fuel. CETA: trade in the service of the common good or Pangloss to the balance of capital? (French)September 2016 -
A study by Pierre Kohler and Servaas Storm (1) deconstructs the "scientific" hypotheses and the Panglossian account of the promoters of CETA, which will liberalize our societies far beyond mere commerce. In support of this, it explains why only the holders of capital will benefit from this agreement, even though it will weaken employment, wages and economic growth in Europe. Understanding U.S.-Mexico Economic TiesSeptember 2016 -
The impact of trade and globalization on the average American has become a core issue in this year's elections. We have heard measured, well-founded and serious critiques on the handling of issues like currency manipulation and preparing our workforce for participation in the global economy, but the conversation has also drawn many passionate and visceral responses, highlighting the intensity with which citizens feel the impact of economic change. Due to campaign rhetoric, Mexico has come to symbolize much of the U.S. encounter with globalization. Given that Mexico is the United States' second largest export market, third largest overall trading partner, and the top country of origin for immigrants living in the country, this is understandable. Nonetheless, having become a top tier issue in the presidential elections, it is more important than ever that Americans have a clear and up-to-date understanding of Mexico and, in particular, the U.S.-Mexico economic relationship. The Impact of Sino - Korea FTA on Japan 's Economy (Chinese)August 2016 -
Using the GTAP model to simulate the impact of China and South Korea FTA on Japan's economy, it can be seen that the Chinese and Korean FTAs have not yet made a small economic impact, although the tariff reductions between China and South Korea are not large. Big Canadian GDP boost from unilateral trade liberalization: studyAugust 2016 -
Provided the Canada-EU trade agreement and the Trans-Pacific Partnership are brought into force and the Liberal government pursues bilateral negotiations with China - all of which, it needs to be said, are very far from certain - Canada would have free trade with its 13 biggest trading partners. A global disaster: the British off the European butterfly effect, a text to understand the life of the European Union (Chinese)June 2016 -
June 23 this year, the United Kingdom will withdraw from the EU held a referendum. At present, the latest survey results show that the proportion of people supporting the return of Europe more than 40%, and support the proportion of stay in Europe comparable, the risk of retreat Europe can not be ignored. Although the retreat of the European public is the political game, rational analysis of retreat regardless of the United Kingdom, the European Union or the world will be a disaster, continue to stay in Europe is a win-win choice. However, the event of continuous fermentation is bound to repeatedly impact on the global market, if self-defeating, its negative impact can not be imagined. The EU-West Africa Economic Partnership Agreement is absurd and criminal (French)May 2016 -
In the aftermath of the independence of Sub-Saharan Africa (SSA), particularly the 16 West African States (WA) - the 15 Economic Community of West African States (ECOWAS), and Mauritania - all former colonies (except Liberia), the EU maintained non-reciprocal trade preferences allowing them to export 97% of their agricultural products and 100% of their industrial products taxing their imports from the EU in the framework of broad cooperation agreements, known as the Lomé Conventions, from 1975 to 2000. But the 9 Latin American states (LA) exporting bananas to the EU - Colombia, Ecuador, Peru, Costa Rica, El Salvador, Honduras, Guatemala, Nicaragua and Panama - continued the EU in the GATT first in 1993 and then in the WTO from its creation in 1995, when the EU was sentenced three times. The reason: these developing countries (DCs) had to pay customs duty (DD) to the EU while importing zero-denominated bananas from ACP countries (Africa, Caribbean and Pacific), which was contrary to the principle of non-discrimination in the WTO. According to this principle, if developed countries can grant non-reciprocal trade preferences to developing countries, they can not discriminate according to a geographical criterion, but they can do so according to a criterion of level of development. Hence the implementation of the EU's bilateral "Generalized System of Preferences" (GSP) since 1971 for developing countries - which benefit from DDs about 30% lower on average than the so-called " favored "(MFN) applied to developed countries - and duty-free and quota free (DFQF) applied to" Least Developed Countries "(LDCs) since the 2001 Everything but Arms (EBA) Decision. The welfare impacts of foreign agricultural investment in Sub-Saharan AfricaMay 2016 -
The increasing involvement of foreign investors in Sub-Saharan Africa's agricultural sector, especially through the so-called "land grabbing" phenomenon, has stirred passionate debates among analysts, policymakers, and stakeholders alike. Host countries hope that foreign agricultural investment will provide employment opportunities leading to increased purchasing power and tax revenues from payroll and eventually on profits. From these investments, host countries also expect added benefits such as enhanced skills, new or improved infrastructure, and faster technology transfer. However, one important concern is that foreign agricultural investment may worsen the problem of food insecurity in SSA by raising food prices and increasing food imports. Likewise, some fear that agricultural investment leading to changes in factor input use may reduce the competitiveness of domestic sectors such as food and services. Consequently, is foreign agricultural investment in SSA something to fear or to hope for? USITC Releases Report on the Trans-Pacific Partnership (TPP) AgreementApril 2016 -
On May 19, 2016, the U.S. International Trade Commission (USITC) released its report assessing the likely impact of the Trans-Pacific Partnership (TPP) Agreement that the United States has negotiated with Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam.
The USITC's report, Trans-Pacific Partnership Agreement: Likely Impact on the U.S. Economy and on Specific Industry Sectors, provides an assessment of the likely impact of the Agreement on the U.S. economy as a whole and on specific industry sectors and the interests of U.S. consumers, as requested by the U.S. Trade Representative and required by the Bipartisan Congressional Trade Priorities and Accountability Act of 2015.
The report's quantitative assessment relies on a GTAP-based dynamic general equilibrium model. Eliminating GMOs would raise food pricesMarch 2016 -
WEST LAFAYETTE, Ind. - If genetically modified organisms in the United States were banned, consumers could expect higher food prices. There would also be a significant boost in greenhouse gas emissions due to land use change and major loss of forest and pasture land, according to a recent Purdue University study. Research assesses agriculture without GMOsMarch 2016 -
WEST LAFAYETTE, INDIANA, U.S. - Researchers at Purdue University have completed a study that assesses the benefits of bioengineered organisms in farming and the food supply. The study's conclusions note the extreme measure of eliminating bioengineered organisms would lead to higher food prices, a boost in greenhouse gas emissions and a major loss of forest and pastureland. Study: Eliminating GMOs would take toll on environment, economiesFebruary 2016 -
The main objective of this study was to evaluate what would be the economic and environmental consequences of losing the GMO traits in the U.S. for the major crops of corn, soybeans and cotton. The first step was to obtain from the literature a range of estimates of the yield losses if we move away from GMO traits in the U.S. The second step was to introduce the yield losses obtained in the first step into a well known CGE model, GTAP-BIO, to quantify the land use and economic impacts of banning GMO traits in the U.S. Studies of TPP: Which Is Credible?January 2016 -
After listening to conflicting advice from his economists, President Harry S. Truman famously demanded to be briefed by a one-handed economist. And to the average citizen seeking enlightenment on the likely impact of the Trans-Pacific Partnership (TPP) on the US economy, it must be similarly frustrating. On the one hand, the Peterson Institute just released a study by Peter A. Petri and Michael G. Plummer (2016) (PP) estimating that the TPP would raise US real incomes by 2030 by 0.5 percent, with percentage gains to labor that would be slightly higher than those to capital. On the other hand, the Global Development and Environment Institute (GDAE) at Tufts University has released a study by Jeronim Capaldo et al. (2016), which predicts that the TPP would reduce US income by 0.5 percent, reduce employment by almost half a million jobs, and increase income inequality. Most news reports, in an effort to be even handed, have reported the results of both studies, more or less treating them as equals. TPP Japan's GDP down 0.12% (Japanese)January 2016 -
The Global Development Environment Institute (GDAE) of Tufts University in Massachusetts State has analyzed the impact of the Pacific Rim Partnership Agreement (TPP) recently, analyzing the influence of the Pacific Rim Partnership Agreement (TPP), and the Japanese gross domestic product (GDP) is 0 · It announced a survey report that estimated that the employment of 74,000 people will be lost, down 12%. 2015 (13)
Re-trial calculation of influence of TPP whose government's intention is too clear (Japanese)December 2015 -
On December 24, the Cabinet Office announced the economic effect analysis of the TPP Agreement. Regarding the impact on agricultural, forestry and fishery products, although the production price will decrease by 130 billion yen due to price reduction due to the tariff reduction, because the income that can be reproduced is secured by taking domestic measures, domestic production volume It is said to be maintained. It is a trial calculation that there is no influence on self-sufficiency rate. Is it really such a minor influence on this? , Skepticism has emerged that there is no persuasive power to maintain the production amount although prices drop due to imported agricultural products. TPP, AEC and 5 impact on the Vietnamese economy (Vietnamese)September 2015 -
Being part of TPP and AEC will boost Vietnam's real GDP growth at the fastest rate, driven by growth in consumption and investment. Thanks to the comprehensive agreement on the removal of tariffs and non-tariff barriers, Vietnam's GDP may increase by 1.32% ... Vietnam to Benefit Most from AEC and TPPSeptember 2015 -
Vietnam will gain the most substantial gross domestic product (GDP) increase in percentage terms of any other economy upon implementation of the ASEAN Economy Community (AEC) and Trans-Pacific Partnership (TPP) in almost all scenarios projected by the Vietnam Institute for Economy and Policy Research (VEPR). The VEPR report was based on the Global Trade Analysis Project (GTAP) databases, giving the first quantitative assessment of the impact of the AEC and TPP on Vietnam. VEPR created six scenarios from the data. Vietnam Center for Economic and Policy Research (VEPR)'s Global Trade Analysis Project (GTAP) Model Predicts 1.3% Growth in Real GDPJune 2015 -
GTAP is the standard approach to modeling gains from trade agreements - The standard GTAP model is a multi-region, multi-sector, computable general equilibrium model, with perfect competition and constant returns to scale. This was developed over the last 25 years or so by economists who were frustrated with the limitations of the previous CGE models. This is made possible by a comprehensive global data base describing bilateral trade patterns, production, consumption and intermediate use of commodities. The latest date extends only to 2007 having been released in March 2012 however. VEPR: Join TPP, Vietnam will benefit the most (Vietnamese)May 2015 -
(NDH) Vietnam will benefit most from the 12 countries negotiating the Trans-Pacific Partnership (TPP) agreement in terms of changes in GDP and social welfare. However, due to the small size of Vietnam's economy, absolute growth is not equal to large countries. A weighting game, Pacific trade talks expose the limits of economic modellingMay 2015 -
THE Trans-Pacific Partnership (TPP), a putative trade agreement, would ease commerce between America, Japan and ten other countries that between them account for two-fifths of global GDP. But how beneficial would it be to these economies? Advocates claim it would boost their output by nearly $300 billion in a decade. Critics say it would make little or no difference. China and South Korea FTA impact of the Ministry of Economy: Taiwan's GDP will drop 0.15% (Chinese)April 2015 -
Ministry of Economic Affairs announced on the 10th China and South Korea FTA assessment report, estimated that if China and South Korea to complete the longest 20-year tariff reduction, will lead to Taiwan's real GDP will decline 0.15%, and caused up to 180 billion Taiwan dollars exports were replaced. The Ministry of Economic Affairs said that although the short term will not immediately have a huge impact, but the medium and long term will have a certain degree of impact, as in the past controversial annual loss of 650 billion yuan output value, said the Industry Bureau, "never evaluated 650 billion , And said the assessment approach tends to be pragmatic, can not be generalized. Food poverty's impact on agricultureJanuary 2015 -
A world perspective on the short and long-run impacts of food price changes on poverty will be up for discussion at a major international economics conference in Rotorua next month. 2014 (8)
Congress To Nutritionists: Don't Talk About The EnvironmentDecember 2014 -
"A government-appointed group of top nutrition experts, assigned to lay the scientific groundwork for a new version of the nation's dietary guidelines, decided earlier this year to collect data on the environmental implication of different food choices." The 26th "value added trade" (Japanese)December 2014 -
According to research on 'value added trade' (value added export), which has attracted wide attention internationally, mainly by the Organization for Economic Cooperation and Development (OECD) and the World Trade Organization (WTO), in recent years, The role played is greater than previously thought. Study: Real-world data casts grave doubt on land use models November 2014 -
A comprehensive analysis of real-world land use data recently released by Iowa State University raises serious doubts and concerns about the reliability and accuracy of economic models used by regulatory agencies to penalize ethanol for purported "indirect land use changes," or ILUC. The new report found that farmers around the world have responded to higher crop prices in the past decade mainly by using existing land resources more efficiently-not by converting forest and grassland into cropland. USDA TPP Study Shows Smaller Hit On Japan Ag Sector Than Tokyo PredictsNovember 2014 -
"A new study by the U.S. Department of Agriculture (USDA) concludes that the elimination of all tariffs on farm goods under a Trans-Pacific Partnership (TPP) agreement would be less damaging to Japan's agriculture industry than the Japanese government has predicted, due to a range of factors." Are Genetically Modified Crops Good for Sub-Saharan Africa? An OverviewJune 2014 -
USA RIVER, TANZANIA - Sebastian Mushi, or "Seba," as he is known around here, owns an agricultural business in Usa River, Tanzania. In his bare-bones shopfront he stocks chemical fertilizers, pesticide sprays, and an assortment of maize and rice seeds. Perched comfortably on a bag of maize is Seba's friend and rice farmer, Ramadan. While he waits for his phone to charge, Rama recounts how he took Seba's advice to use a combination of hybrid seeds, fertilizers, and pesticides for his rice paddies and watched his farm's productivity bloom this season. Pleased with the profitable results, Rama has shared his success story with many other farmers who have since followed suit. Western scholars how to see China's "accession to the WTO" for more than a decade (Chinese)January 2014 -
December 11, 2001, China formally joined the World Trade Organization (WTO) that "accession" to become a member of the world economy family. Over the past decade, China's foreign trade and economic development have made significant progress and achievements under the WTO framework. At the same time, the world economy has become more diversified because of China's active participation. China's "accession to the WTO" this issue, attracting domestic and foreign people from all walks of life attention and research. Various organizations put China into the key research objects, various levels of journals to open up new columns to publish with China's "WTO" and the Chinese economy-related articles and writings, different disciplines of scholars are also varying degrees involved in this Research areas. 2013 (4)
We dream of ash: How will local nuclear conflict end for humanity? (Russian)December 2013 -
Mass hunger will be the main consequence of any local nuclear conflict on Earth. This conclusion was reached by researchers from the international organization "Physicians for the Prevention of Nuclear War" and its American branch "Physicians for Social Responsibility". According to the model they built, the exchange of nuclear strikes between India and Pakistan will lead to a significant reduction in the volume of crop cultivation; as a result, at least two billion people will remain without food. Hunger will be accompanied by large-scale epidemics that will endanger the death of several hundred million more people. Reduce GDP by 1.3 trillion yen Professor Suzuki's TPP impact estimate (Japanese)June 2013 -
In addition to the decline in production of agriculture and related industries due to the elimination of tariffs, if the inclusion of the loss of employment, TPP (Pacific Rim Partnership Agreement) will estimate that Japan's GDP (Gross Domestic Product) will decrease by 1.3 trillion yen by the University of Tokyo's Suzuki Norihiro Laboratory announced. The government estimates that the GDP will increase by 3.1 trillion yen by TPP, but in addition to making unrealistic assumption that domestic products can compete with cheap imported livestock products, farmers can freely It is based on the premise that you can get jobs such as industry. Professor Suzuki stressed that these problems are corrected and tried, "TPP will impair Japan's national interest." There is a non-tariff barrier in the agricultural sector, one of which is traceability (Japanese)May 2013 -
According to the first report on the influence of university teachers' association seeking immediate withdrawal from TPP participation negotiations, regarding the influence on Hokkaido agriculture, "Currently, wheat, peanut, potatoes, beans and so on are copyrighted Although it is being done, it is expected that Wheat, Tenryu and Potato starch will be replaced by 100% Overseas Production by participating in TPP "," Because of this, due to the decline of the earth's power and chain disorder, other transport crops It is pointed out that the production will be impossible and the influence will further expand. Growth effect estimation of TPP (Japanese)March 2013 -
Estimating the effect of TPP on GDP is done in various ways. The best known are Kenichi Kawasaki and a visiting chief scientist at the Economic and Social Research Institute of the Cabinet Office in the activities as a consulting and fellow of RIETI using a macroeconomic model called the Global Trade Analysis Project (GTAP) model As shown in Fig. According to it, by participating in the TPP, real GDP will increase by 2.4 to 3.2 trillion yen, the ratio of GDP to 0.48 to 0.65% (National Strategy Office, 2010; Kawasaki, 2011). According to Petri and Plummer (2012) which used a model developed by further adopting foreign direct investment etc. in the GTAP model, when Japan and South Korea participate in TPP, Japan's GDP in 2020 does not participate It is about 95.5 billion dollars (about 9 trillion yen), which is about 2% larger than that. 2012 (6)
Global trade program celebrates 20-year anniversaryOctober 2012 -
"A Purdue University-based program that helps researchers and policymakers analyze international trade is turning 20 years old. The Global Trade Analysis Project maintains data on more than 948,000 bilateral trade flows linking 130 economies around the world. GTAP is housed in Purdue's Department of Agricultural Economics." Climate Change to Affect Corn Prices, Study SaysApril 2012 -
"Researchers have found that climate change is likely to have far greater influence on the volatility of corn prices over the next three decades than factors that recently have been blamed for price swings - like oil prices, trade policies and government biofuel mandates. The new study, published on Sunday in the journal Nature Climate Change, suggests that unless farmers develop more heat-tolerant corn varieties or gradually move corn production from the United States into Canada, frequent heat waves will cause sharp price spikes. Noah S. Diffenbaugh, a climate scientist at Stanford and an author of the study, said he was surprised by the notable effect of climate change on price volatility for corn, the country's largest crop. "I really thought climate would be a minor player before we did this analysis," Professor Diffenbaugh said. "We're looking at a period over the next three decades or so of moderate global warming, after all." Database of global economic information is expandedMarch 2012 -
"A database of worldwide economic information used to evaluate trade agreements between nations has been expanded to include data from 15 more countries in an updated version released by Purdue University. The Global Trade Analysis Project, a global network of researchers and policy-makers who analyze international policy issues, includes data on bilateral trade patterns and production, consumption and intermediate use of commodities and services. It is used by governments, international institutions, the private sector and economists at universities..." Free trade and protectionism: the real debate is launched, in "Le Monde Economie" (French)March 2012 -
Mass hunger will be the main consequence of any local nuclear conflict on Earth. This conclusion was reached by researchers from the international organization "Physicians for the Prevention of Nuclear War" and its American branch "Physicians for Social Responsibility". According to the model they built, the exchange of nuclear strikes between India and Pakistan will lead to a significant reduction in the volume of crop cultivation; as a result, at least two billion people will remain without food. Hunger will be accompanied by large-scale epidemics that will endanger the death of several hundred million more people. Is Canada's economy really dependent on global trade?January 2012 -
Currency traders love the monthly import and export data, which provide an excellent guide of how much demand exists for dollars, euros, yen, francs and the like.
But for anyone seeking a more precise understanding of the dynamics of international trade, the data compiled by customs agents are about as about as relevant to a modern economy as carbon paper. 2011 (2)
Agriculture and Long Run SustainabilityOctober 2011 -
"For the past 200 years, ever since Thomas Malthus published his Essay on the Principle of Population, big thinkers have been wondering whether Earth-dwellers will eventually run out of food. Today, a global group of scientists released a fresh look at the question. They add a different, environmental twist to it. Can we feed the world without destroying the environment? What we have instead of a dictator is the global marketplace, setting prices for land, corn, meat, and everything else. Those prices drive decisions by farmers. But Thomas Hertel, an economist at Purdue University, says those markets can help solve our planetary problem - especially if we step in to make those markets work better..." Carbon CountersFebruary 2011 -
January marked the start of California's controversial Low Carbon Fuel Standard program, a regulatory measure designed to reduce greenhouse gas (GHG) emissions from the state's transportation sector by 16 million metric tons in 2020. The specifics of the program are far from finalized, however. California's Air Resources Board is currently defending its policy in lawsuits filed in both federal and civil courts while simultaneously convening its regular Expert Working Group hearings to attempt to settle contentious issues related to the policy. Most notable for ethanol producers is the issue of CARB's calculation for indirect land use changes (ILUC) related to the production of their fuel, which initially resulted in a carbon intensity rating for ethanol that was higher than gasoline. As of late January, early effects of this highly unrealistic rating on the ethanol market in California were difficult to discern, but ethanol producers and lobby groups alike are certain that if the rating is left unchanged it could spell disaster for the industry. 2010 (3)
Europe finds politics and biofuels don't mixJuly 2010 -
BRUSSELS (Reuters) - The messages are tense, angry, cajoling. Written between 2008 and January 2010 and sent between lobbyists, scientists and high-ranking European civil servants, they hint at the intense emotions in the debate over one of Europe's most contentious environmental issues: the use of biofuels, long touted as an alternative to carbon-emitting petroleum. Purdue analysis cuts ethanol greenhouse gas emission estimatesApril 2010 -
evisions to a Purdue University economic analysis have cut about 10 percent of the total emissions expected from an increase in corn ethanol production.
The findings, released in a report to the U.S. Department of Energy's Argonne National Laboratory, show that ethanol could be a somewhat better option than previously thought for reducing greenhouse gas emissions. Wally Tyner, a Purdue agricultural economist and the report's lead author, said revisions to the Global Trade Analysis Project (GTAP) model better reflect market conditions and land productivity than a 2009 report that showed corn ethanol wouldn't significantly lower greenhouse gas emissions over gasoline. Biofuel from maize would lead to more greenhouse gases (French)March 2010 -
Presented a time as an alternative to oil for transport, biofuels are finding it increasingly difficult to keep their promises. Last disappointment in date, the ethanol produced corn. Indeed, US scientists have demonstrated that by integrating indirect emissions from new maize crops, bioethanol loses much of its interest. 2009 (2)
Climate Change Could Deepen Poverty In Developing Countries, Study FindsAugust 2009 -
Urban workers could suffer most from climate change as the cost of food drives them into poverty, according to a new study that quantifies the effects of climate on the world's poor populations. Researchers examined the potential economic influence of adverse climate events, such as heat waves, drought and heavy rains, on those in 16 developing countries. Urban workers in Bangladesh, Mexico and Zambia were found to be the most at risk. Energizing BiofuelMay 2009 -
The Obama administration has given the biofuels industry a major boost. It's providing the agro-energy industry with nearly three quarters of a billion dollars and proposing new rules to help accelerate development of advanced fuels. Host Steve Curwood talks with Jim Lane, publisher and editor of BioFuels Digest about the future of biofuels. 2008 (1)
Make good use of Vietnam FTA layout global (Chinese)December 2008 -
Vietnam since the late 1980s to reform and opening up the economy in recent years, economic performance has been paid a beautiful report card. (WTO), joined the World Trade Organization (WTO) on January 11, 2007, and became a popular target for countries to engage in FTA or regional trade agreements (RTA). 2007 (1)
How did national policy institutes imitate chaebol? (Korean)May 2007 -
On April 30, 11 national research institutes including the Korea Institute for International Economic Policy (KIEP) jointly announced the analysis of the economic effect of the Korea-US FTA, followed by the relay contribution of the Democratic Labor Party's "Korea-US FTA Impact Assessment Team" is. Of course, it is the nature of 'rebuttal'. 2005 (2)
Poverty and the WTO: Impacts of the Doha Development Agenda (PDF reader required)December 2005 -
"During the 2004/2005 academic year, Thomas Hertel was on sabbatical with the International Trade Research Group of the World Bank during which time he directed a major international research project aimed at analyzing the poverty impacts of the prospective Doha Development Agenda (DDA) currently under negotiation at the WTO in Geneva. This involved several global analyses based on the GTAP framework. It also linked these global analyses to a dozen country case studies conducted by research teams in Asia, Africa and Latin America. The project showed that previous estimates of the likely poverty reductions were likely overstated, but more importantly, it highlighted ways in which the prospective DDA could be made more poverty friendly. Dr. Hertel was called upon to present this work in Geneva, Paris, Brussels, Mozambique, South Africa, Brazil and Washington, D.C. His two trips to Geneva also involved informal discussions with lead trade negotiators in the WTO. The ensuing book will be published in early December-just before the Hong Kong Ministerial of the WTO. It was also featured prominently on November 16 in the Financial Times of London. Weighed in the balance (PDF reader required)December 2005 -
The Doha round of world trade negotiations was supposed to lift many millions out of poverty. It looks unlikely to do so. Launched in a spirit of global solidarity two months after the terrorist attacks of September 11th 2001, the Doha round of global trade talks has always been billed as being about more than just trade. Its official title is the "Doha Development Agenda". Its purpose, as Tony Blair recently put it, is "to create the conditions in which millions of people will have a chance to escape poverty". Such lofty aspirations are sure to be given voice often in Hong Kong this week, when the world's trade ministers meet with the aim of reviving the flagging negotiations. Whether the Doha round will live up to those aspirations is less certain. This is not only because the talks are stalled. Perhaps more important, the benefits of the round to the world's poorest people have anyway been overstated. And most important of all, neither developed nor developing countries have been ambitious enough to seek the degree of trade liberalisation needed to help the poorest..."