Today’s Cato Online Forum essay comes from economist Laura Baughman, who laments the typical methodological approaches to estimating relationships between trade agreements and jobs, pointing out how those approaches seem to be used to validate a priori positions, either pro‐ or anti‐trade, rather than reveal best estimates. While economists are better at estimating the relationships between trade agreements and output or between trade agreements and trade flows, Baughman explains that if the likely impact of on jobs is sought, there is a more objective approach to take. And the results of that method suggest that “it will be hard to argue that [TTIP] will not be a job ‘winner’ for the United States.”
Read it. Provide feedback. And sign up for the Cato TTIP conference on October 12.
