The Economic Impact of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership on Saskatchewan: A Subnational Computable General Equilibrium-Based Analysis
Ziad Ghaith,
Suren Kulshreshtha and
David Natcher
The International Trade Journal, 2024, vol. 38, issue 5, 429-444
Abstract:
This study assesses the likely economic impact of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on Saskatchewan’s (a Canadian province) economy in 2030 by building a subnational computable general equilibrium (CGE) model. The approach was based on splitting Canada into two regions: Saskatchewan and the Rest of Canada (RoC). Saskatchewan was treated as a separate trading entity with interprovincial and international trade flows. Saskatchewan exports were estimated to increase by 0.81% but imports to increase by 1.75% under the CPTPP. The analysis showed evidence that trade agreements may have different impacts on regions within a country.
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:taf:uitjxx:v:38:y:2024:i:5:p:429-444
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DOI: 10.1080/08853908.2022.2149639
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