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GTAP Resource #3475

"Non-Tariff Measures in EU-US Trade and Investment – An Economic Analysis"
by Tamminen, Saara, Joseph Francois, Koen Berden, Martin Thelle and Paul Wymenga


Abstract
Study on the existence of nontariff measures (NTMs) and regulatory divergence at the sector level on trade and investment between the European Union and the United States, the magnitude of these divergences (as tariff equivalents) estimated with gravity approach and the potential economic impact of a reduction or harmonisation of these measures. The estimation of the NTM tariff equivalents is based on parametric gravity modelling and the welfare impacts were calculated with a CGE model.

Based on the results, NTMs create high trade barriers in various sectors and any reductions in these measures could have large, positive economic impacts although with varying sectoral results.


Resource Details (Export Citation) GTAP Keywords
Category: GTAP Application
Status: Published
By/In: European Commission - DG Trade
Date: 2009
Version: Final Report
Created: Tamminen, S. (2/21/2011)
Updated: Batta, G. (2/21/2011)
Visits: 1,162
- Trade in services
- Economic growth
- Economic development
- Foreign direct investment
- Calibration and parameter estimation


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Public Access
  File format GTAP Resource 3475  (1.9 MB)   Replicated: 0 time(s)
  File format Non-Tariff Measures on EU-US trade and invesment   (1.9 MB)   Replicated: 0 time(s)


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