Quantifying the Mega-regional Trade Agreements: A review of Models
Summary
This research paper reviews quantitative models used to assess the impact of mega-regional trade agreements, concluding that Computable General Equilibrium (CGE) models are the most comprehensive tool for capturing the complex scope of these agreements, though a meta-analysis of multiple CGE-based studies is recommended for the most accurate results.
Key insights
- Mega-regional trade agreements, such as the Trans-Pacific Partnership, the Trans-Atlantic Trade and Investment Partnership, and the Trade in Services Agreement, are establishing new global commerce standards and introducing 'WTO-plus' rules for investment and services, as well as addressing electronic commerce and state-owned enterprises.
- Computable General Equilibrium (CGE) models designed for multi-sector, multi-region trade analysis are identified as the most comprehensive approach for modelling mega-regionals because they can simultaneously address traditional liberalization (tariffs and agricultural trade) and newer 'behind the border' issues, services, and investment.
- Due to the diversity of CGE models, the paper suggests that the impact of mega-regional agreements is best captured through a meta-analysis of various CGE-based studies, supplemented by satellite models for structural detail and sufficient statistics estimates for validation.
Cite the original document
- APA
- Singh,, H. V. S. N. G. C. V. (2015). Quantifying the Mega-regional Trade Agreements: A review of Models. International Institute for Sustainable Development. https://www.iisd.org/publications/report/quantifying-mega-regional-trade-agreements-review-models
- Chicago
- Singh,, Harsha V. Singh,Badri Narayanan G.,Dan Ciuriak,Harsha V. Quantifying the Mega-regional Trade Agreements: A review of Models. International Institute for Sustainable Development, 2015. https://www.iisd.org/publications/report/quantifying-mega-regional-trade-agreements-review-models.
- Wikipedia
- {{cite report |last1=Singh, |first1=Harsha V. Singh,Badri Narayanan G.,Dan Ciuriak,Harsha V. |title=Quantifying the Mega-regional Trade Agreements: A review of Models |publisher=International Institute for Sustainable Development |date=16 April 2015 |url=https://www.iisd.org/publications/report/quantifying-mega-regional-trade-agreements-review-models |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{singh2015quantifying, author = {Singh,, Harsha V. Singh,Badri Narayanan G.,Dan Ciuriak,Harsha V.}, title = {{Quantifying the Mega-regional Trade Agreements: A review of Models}}, institution = {International Institute for Sustainable Development}, year = {2015}, month = apr, url = {https://www.iisd.org/publications/report/quantifying-mega-regional-trade-agreements-review-models}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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