La proposition européenne de mettre en place un mécanisme d’ajustement carbone à la frontière (MACF) vise à réduire les fuites de carbone qui risquent de compromettre l’objectif ambitieux de neutralité climatique de l’UE d’ici 2050. Ce mécanisme réussira-t-il à atteindre cet objectif, rétablir des conditions de concurrence équitables pour les producteurs de l’UE tout en minimisant la probabilité de plaintes à l’OMC (Organisation mondiale du commerce) ou de représailles de la part des partenaires commerciaux ?

Since 2018, the US administration has implemented several measures limiting free trade with China and other countries. Using cross-country data and a general equilibrium model, this column argues that a trade war hurts not only the targeted countries but also the country imposing the tariffs.
Column first published in VOX.

Regulation is a barrier to trade. A recent CEPII Working Paper uses French firm-level panel data to assess how technical barriers to trade impact firms’ exports.

Le président américain a un problème avec la géographie américaine – le Mexique.

A key driver of productivity is ease of resource allocation. This column uses firm-level data for France to show that misallocation has a spatial dimension: resource allocation and the associated effect on productivity are related not only to firms’ characteristics, but also to the environment in which they operate. Denser commuting zones seem to offer a better match between employers and employees, leading to more productive firms.

The TTIP has become a full-blown political issue as the two largest economic entities in the world are negotiating a deep integration agreement, going beyond what has been done previously in any agreement except the EU’s Single Market.