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Measuring Recovery: TTIP: Are 40 Cents a Day Big Gains?

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  • David Rosnick

Abstract

This issue brief examines widely cited studies on the potential gains from the Trans-Atlantic Trade and Investment Partnership (TTIP) and finds that they would deliver no more than 40 cents per person per day in the U.S., and 0.2 euros per person per day in the EU. These projections are also optimistic, as they result in part from significantly underestimating the costs from patent protections for pharmaceuticals, copyright enforcement and other protections under the TTIP that could increase the price of a product by thousands, or tens of thousands, of percent.

Suggested Citation

  • David Rosnick, 2015. "Measuring Recovery: TTIP: Are 40 Cents a Day Big Gains?," CEPR Reports and Issue Briefs 2015-20, Center for Economic and Policy Research (CEPR).
    • Handle: RePEc:epo:papers:2015-20
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    File URL: http://www.cepr.net/documents/TTIP-brief-08-2015.pdf
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    References listed on IDEAS

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    1. Joseph Francois & Miriam Manchin & Hanna Norberg & Olga Pindyuk & Patrick Tomberger, 2013. "Reducing Transatlantic Barriers to Trade and Investment: An Economic Assessment," Economics working papers 2015-03, Department of Economics, Johannes Kepler University Linz, Austria.
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    Keywords

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    JEL classification:

    • F - International Economics
    • F1 - International Economics - - Trade
    • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance

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