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Peterson Predicts TPP Would Boost U.S. Real Income By 0.5 Percent By 2030

January 28, 2016 at 8:56 PM
A new study by the Peterson Institute for International Economics predicts that the Trans-Pacific Partnership (TPP) will add an extra 0.5 percent to the "real income" of the United States by 2030, a figure that is 70 percent higher than a 2012 study by the same authors. The 0.5 percent increase in real income would translate into a gain of $131 billion, up from the $77 billion predicted in the 2012 study. Both studies were authored by Peter Petri and...

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