Papers on the Economics of the TPPA show that the agreement’s benefits are overstated and do not take into account adverse affects on jobs and innovation.
The Global Development and Environment Institute at Tufts University paper Trading Down: Unemployment, Inequality and Other Risks of the TPPA finds that NZ employment will be down by 5,000 jobs and inequality increased, primarily due to a loss of 1.4% in the share of labour in national income. A shorter Policy Brief summarises the findings.
Ian Harrison of Tailrace Economics has estimated the benefits of TPPA to be $135m per year, not the $2.7bn per year claimed by the government on the basis of their computer modelling. See the research paper with the catchy title Garbage in, garbage out.
A commentary by the founder of Canadian company Research in Motion, Jim Balsillie, criticises the TPPA for its Intellectual Property provisions inhibiting innovation Canadian Business leader against TPP.