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International Trade Effects of Trans-Pacific Partnership for North America

Author

Listed:
  • Baybars Karacaovali

    (Department of Economics, University of Hawaii)

  • Deveraux Talagi

    (Department of Economics, University of Hawaii)

Abstract

This paper analyzes the international trade relations of the United States, Canada, and Mexico with the Trans-Pacific Partnership (TPP) member countries currently and historically in order to provide insights for TPP’s future effects provided it potentially comes into force. Using a gravity model estimation, we find that the existing free trade agreements (FTAs) between TPP countries (intra-TPP) and FTAs between TPP members and other countries (extra-TPP) have positively impacted trade in the 1980-2015 period. A successful completion of the TPP agreement promises to boost trade further.

Suggested Citation

  • Baybars Karacaovali & Deveraux Talagi, 2017. "International Trade Effects of Trans-Pacific Partnership for North America," Working Papers 201701, University of Hawaii at Manoa, Department of Economics.
    • Handle: RePEc:hai:wpaper:201701
    as

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    File URL: http://www.economics.hawaii.edu/research/workingpapers/WP_17-1.pdf
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    International trade; gravity model; free trade agreements; Trans-Pacific Partnership;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade

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