The 11 members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) signed the new agreement in Chile on March 8. The New Zealand Ministry of Foreign Affairs and Trade released their National Interest Assessment and ImpactECON’s assessment of the CPTPP in anticipation of the event.

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ImpactECON report on the impacts of reversing NAFTA was cited in the Wall Street Journal on Monday, October 16, 2017.

As concerns rise about the demise of the new NAFTA negotiations, the Wall Street Journal, CNBC, CNN and the New York Times have cited ImpactECON’s working paper “Reversing NAFTA: A Supply Chain Perspective“. Here we try to answer a few recently asked questions.

Questions and Answers on the Impact of Reversing NAFTA

What is the impact of reversing NAFTA on the US economy?

Real GDP is estimated to decline by 0.09 percent in the next 2-3 years. Investment is estimated to decline by 1 percent, which means that growth will fall further in the long run.

What is the estimated impact of reversing NAFTA on US employment?

US employment is estimated to decline by 256,000, with many more workers having to relocate to other industries to find jobs. This figure assumes that skilled workers are willing to accept a decline in their wages, if not then US employment could decline by over 1,000,000.

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ImpactECON announces its new Global Supply Chain database and model, along with new labor quantities and updates to the MyGTAP modelling framework. The new products can be used with the GTAP 9a Data Base and can be purchased through the ImpactECON store. Continue reading →

Susan Stone (OECD) describes ImpactECON as a “first-rate, professional organisation that delivers high-quality analysis in a timely, accessible manner. The work done for the OECD met our requirements and exceeded expectations, providing pivotal input to support a broader modelling effort. I will be recommending ImpactECON to others in need of similar expertise.”
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