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

David Rosnick

CEPR Reports and Issue Briefs from Center for Economic and Policy Research (CEPR)

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.

Keywords: TTIP; trade; TPP; terms of trade; growth; patents (search for similar items in EconPapers)
JEL-codes: F F1 F4 (search for similar items in EconPapers)
Pages: 5 pages
Date: 2015-08
New Economics Papers: this item is included in nep-ino, nep-int, nep-ipr, nep-pr~ and nep-pke
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Persistent link: https://EconPapers.repec.org/RePEc:epo:papers:2015-20

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