How can Europe identify the threat of trade retaliation that allows it to establish the strongest negotiating position in dealing with the United States in merchandise trade alone?

This year, the major topics of the CEPII's work programme emerge from the current gloomy context: the energy transition, the resilience of value chains, impacts of geopolitical tensions, the macroeconomic situation marked by new budgetary priorities and the tightening of monetary policies.

Since 2018, the US administration has implemented several measures limiting free trade with China and other countries. Using cross-country data and a general equilibrium model, this column argues that a trade war hurts not only the targeted countries but also the country imposing the tariffs.
Column first published in VOX.

With Brexit and the election of D. Trump, tariffs and exchange rates are back at the centre stage of policy debates. This column revisits the assumptions economists make when estimating how tariffs and exchange rates affect exporters’ performance.

Regulation is a barrier to trade. A recent CEPII Working Paper uses French firm-level panel data to assess how technical barriers to trade impact firms’ exports.

The US President has a problem with the American geography – a problem called Mexico.

A key driver of productivity is ease of resource allocation. This column uses firm-level data for France to show that misallocation has a spatial dimension: resource allocation and the associated effect on productivity are related not only to firms’ characteristics, but also to the environment in which they operate. Denser commuting zones seem to offer a better match between employers and employees, leading to more productive firms.

The TTIP has become a full-blown political issue as the two largest economic entities in the world are negotiating a deep integration agreement, going beyond what has been done previously in any agreement except the EU’s Single Market.

CEPII launches its first Policy Brief “Transatlantic Trade: Whither Partnership, Which Economic Consequences?” which examines the stakes and potential impacts of a Transatlantic Trade and Investment Partnership.

In a previous post, the CEPII presented its World Growth Projections to 2050. This article focuses on two themes that were not addressed yet: Education and Female Participation to the Labor Force.