Quantitative Tools for the Analysis of Global Governance Issues (QUANTAGG)
Project period: January 2016 - December 2018
Research Areas:
Tasks
The advance of globalization has spurred global value chains. Countries are increasingly interconnected via trade, not only in final but also in intermediate goods. The World Trade Organisation has not yet been able to adapt its rules to 21st century trade and many countries are negotiating deep regional free trade agreements like the Transatlantic Trade and Investment Partnership (TTIP) instead as a result. These developments raise important questions of international cooperation. What are the welfare effects of free trade agreements like TTIP? Is a bilateral investment treaty with the US favourable for the EU? Can regional climate policy be successfully implemented when trade costs are falling and investors are mobile? To address these questions, the ifo Institute has set up the research group QUANTAGG. This group aims to analyse the consequences of various international trade, investment and climate policies with the help of quantitative models and empirical datasets.
Methods
The research team develops quantitative models for the analysis of international policy topics.
Data and other Sources
World Input Output Database, Global Trade Analysis Project, UN Comtrade, BACI.