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/lp/emerald-publishing/impact-of-the-trans-pacific-partnership-tpp-on-us-textile-and-apparel-Ys00PHwRMF
- Publisher
- Emerald Publishing
- Copyright
- Copyright © Emerald Group Publishing Limited
- ISSN
- 1477-0024
- DOI
- 10.1108/JITLP-02-2016-0009
- Publisher site
- See Article on Publisher Site
Abstract
PurposeThis study aims to empirically investigate the potential impact of the Trans-Pacific Partnership (TPP) on US textile and apparel manufacturing.Design/methodology/approachThis study adopts the Global Trade Analysis Project (GTAP) computable general equilibrium model based on the latest GTAP9 database.FindingsThe findings of the study suggest that: the “yarn-forward” rule will not work effectively in the context of TPP; and the development of Vietnam’s local textile industry is a critical threat to the survival of US textile and apparel (T&A) manufacturing in the long run.Originality/valueThe findings of the study augment the understanding of the T&A-specific sectoral impact of TPP and address the particular concerns of the US T&A manufacturers with regard to the new business environment and the possible scenarios after the implementation of the agreement.
Journal
Journal ofinternational Trade Law and Policy – Emerald Publishing
Published: Jun 20, 2016