Economic Impact of the United States withdrawal from Trans-Pacific Partnership on Canada: A Computable General Equilibrium Based Analysis

Authors

  • Ziad Ghaith University of Saskatchewan
  • David Natcher University of Saskatchewan
  • Suren Kulshreshtha University of Saskatchewan

DOI:

https://doi.org/10.33423/jabe.v20i8.213

Keywords:

Business, Economics, Trans-Pacific Partnership, Global Economic, Global Trade

Abstract

This study assesses the likely economic impact of Trans-Pacific Partnership (TPP) and Comprehensive
and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on Canada’s economy in 2030. The
analysis was accomplished by building a static Computable General Equilibrium (CGE). And running
three simulation scenarios: (i) Baseline scenario; the study developed a growth projection model to
simulate the economic and trade growth in 2030. (ii), TPP12 scenario; the study assumed that the TPP
agreement would be fully implemented by 2030. (iii) TPP11 scenario; the study simulated CPTPP
agreement, assuming that 11 Pacific-Rim countries do business in spite of the absence of the US.

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Published

2018-12-01

How to Cite

Ghaith, Z., Natcher, D., & Kulshreshtha, S. (2018). Economic Impact of the United States withdrawal from Trans-Pacific Partnership on Canada: A Computable General Equilibrium Based Analysis. Journal of Applied Business and Economics, 20(8). https://doi.org/10.33423/jabe.v20i8.213

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Section

Articles