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Impact of the Trans-Pacific Partnership (TPP) on US textile and apparel manufacturing: A quantitative evaluation

Sheng Lu (Fashion and Apparel Studies, University of Delaware, Newark, Delaware, USA)

Journal of International Trade Law and Policy

ISSN: 1477-0024

Article publication date: 20 June 2016

Abstract

Purpose

This study aims to empirically investigate the potential impact of the Trans-Pacific Partnership (TPP) on US textile and apparel manufacturing.

Design/methodology/approach

This study adopts the Global Trade Analysis Project (GTAP) computable general equilibrium model based on the latest GTAP9 database.

Findings

The 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/value

The 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.

Keywords

Citation

Lu, S. (2016), "Impact of the Trans-Pacific Partnership (TPP) on US textile and apparel manufacturing: A quantitative evaluation", Journal of International Trade Law and Policy, Vol. 15 No. 2/3, pp. 134-152. https://doi.org/10.1108/JITLP-02-2016-0009

Publisher

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Emerald Group Publishing Limited

Copyright © 2016, Emerald Group Publishing Limited