Gesamtwirtschaftliche Effekte neuer handelspolitischer Instrumente (Trade and Welfare Effects of New Trade Policy Instruments)
Current research studies (work in progress)
Study by: Austrian Institute of Economic Research
Commissioned by: Federal Ministry of Labour and Economy
Geoökonomische Konzepte gewinnen auch in der Handelspolitik der EU an Bedeutung. Eine Reihe neuer handelspolitischer Instrumente
soll den Schutz des Binnenmarkts vor unlauteren Handelspraktiken sowie die Durchsetzung der eigenen Interessen und Werte (Nachhaltigkeit,
Menschenrechte, soziale Standards usw.) erleichtern. Die Studie gibt einen ausführlichen Überblick über acht handelspolitische
Instrumente: Anti-Coercion Instrument (ACI), International Procurement Instrument (IPI), Carbon Border Adjustment Mechanism
(CBAM), Foreign Subsidy Instrument (FSI), Corporate Sustainability Due Diligence (DD), Level Playing Field Provisions in the
EU-UK Trade and Cooperation Agreement (LPF), Enforcement Regulation (ER) und die Deforestation Initiative (DI). Mit Hilfe
von Gravitationsmodellen und einem quantitativen Handelsmodell werden die Auswirkungen der ausgewählten Instrumente auf den
Handel und die Wohlfahrt der EU und Österreichs auf der Grundlage verschiedener Szenarien geschätzt.
Research group:Industrial, Innovation and International Economics
Language:German
Trade and Welfare Effects of New Trade Policy Instruments
Geoeconomic concepts are gaining importance in EU trade policy. In this context new trade policy instruments are designed
to protect the internal market against unfair trade practices, coercive actions as well as to ensure sustainable supply chains
and the protection of human rights. The study extensively overviews eight policy instruments: Anti-Coercion Instrument (ACI),
International Procurement Instrument (IPI), Carbon Border Adjustment Mechanism (CBAM), Foreign Subsidy Instrument (FSI), Corporate
Sustainability Due Diligence (DD), Level Playing Field Provisions in the EU-UK Trade and Cooperation Agreement (LPF), Enforcement
Regulation (ER), and the Deforestation Initiative (DI). Using gravity models and a quantitative general equilibrium trade
model, the impact of the selected trade policy instruments on trade and welfare of the EU as well as Austria is estimated
based on different scenarios.
