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The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)

Table 5 Macroeconomic variables

From: The short-run effects of EU funds in Spain using a CGE model: the relevance of macro-closures

 

Base year

S1: NEO

S2: KEY

Main aggregates and welfare index (% variation) unemployment rate is in percentage

 Unemployment rate (%)

9.16

9.132

8.097

 Employment growth rate

0.031

1.170

 Variation of households’ net disposable income

612,277.00

0.040

−0.365

 Variation of consumer price index

0.022

−0.634

 Households’ welfare

36,929.34

0.017

0.278

 Nominal GDP

908,792.00

0.115

−0.049

 Real GDP

908,792.00

0.090

0.681

Demand side aggregate variables (% variation)

Private consumption

545,763.00

0.040

−0.365

Total private investment

234,489.20

−2.414

−0.589

 Non-residential private investment

155,335.40

−3.664

−0.703

 Residential private investment

79,153.80

0.040

−0.365

Public consumption

171,787.00

0.036

−1.013

Public investment

32,552.80

14.904

14.137

EU current balance

20,965.00

−24.529

−18.932

ROW current balance

46,807.00

−0.475

0.314