Commentary Type

The Economics of Analyzing the TPP

Peter A. Petri (PIIE) and Michael G. Plummer (Johns Hopkins University and East-West Center)

Submission to the investigation, Trans-Pacific Partnership Agreement: Likely Impact on the U.S. Economy and on Specific Industry Sectors, by the United States International Trade Commission, February 2016 (revised April 2016)


The Trans-Pacific Partnership (TPP) is a landmark agreement for the United States and the global trading system. In a paper included in the Peterson Institute's submission for these hearings (Petri and Plummer 2016), we estimated that the TPP will increase US real incomes substantially and establish new, market-oriented rules in a host of rapidly changing areas of international commerce.

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