States, Branches of Industry and Education Levels. Who will Benefit in Germany from a Transatlantic Trade and Investment Partnership (TTIP)? Final Report, Part 2: Microeconomic Effects in Germany

Felbermayr, Gabriel and Lehwald, Sybille and Schoof, Ulrich and Ronge, Mirko (2013) States, Branches of Industry and Education Levels. Who will Benefit in Germany from a Transatlantic Trade and Investment Partnership (TTIP)? Final Report, Part 2: Microeconomic Effects in Germany. UNSPECIFIED.

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Abstract

In the first part of this study we examined the macroeconomic effects of a transatlantic trade and investment partnership (TTIP) between the European Union and the USA1. The main focus was on changes in trade structure, real income and employment provoked by the TTIP. Using a general equilibrium model, aggregated effects were examined for more than 120 countries. Adaptation of the aggregated price index in all these countries and the feedback effects on gross domestic products were considered in doing so, as was the full matrix of trade effects (even those between countries only indirectly affected) and thus all worldwide trade diversion effects. However, the broad geographic scale and the focus on macro-economic results made it impossible to draw more precise conclusions within individual countries. The second part of the study is intended to close that gap for Germany.

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