The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
From: The short-run effects of EU funds in Spain using a CGE model: the relevance of macro-closures
Base year | S1: NEO-wage | S2: NEO-prod | S3: KEY-prod | |
---|---|---|---|---|
Main aggregates and welfare index | ||||
Unemployment rate (%) | 9.16 | 9.136 | 9.131 | 8.101 |
Employment growth rate | – | 0.026 | 0.031 | 1.166 |
Variation of households’ net disposable income | 612,277.00 | 0.041 | 0.040 | −0.365 |
Variation of consumer price index | – | 0.025 | 0.022 | −0.633 |
Households’ welfare | 28,220.33 | 0.016 | 0.017 | 0.277 |
Nominal GDP | 908,792.00 | 0.116 | 0.115 | −0.050 |
Real GDP | 908,792.00 | 0.087 | 0.090 | 0.679 |
Demand side aggregate variables | ||||
Private consumption | 545,763.00 | 0.041 | 0.040 | −0.365 |
Total private investment | 234,489.20 | −2.422 | −2.414 | −0.588 |
Non-residential private investment | 155,335.40 | −3.677 | −3.664 | −0.702 |
Residential private investment | 79,153.80 | 0.041 | 0.040 | −0.365 |
Public consumption | 171,787.00 | 0.040 | 0.036 | −1.011 |
Public investment | 32,552.80 | 14.907 | 14.904 | 14.138 |
EU current balance | 20,965.00 | −24.553 | −24.532 | −18.856 |
ROW current balance | 46,807.00 | −0.479 | −0.475 | 0.301 |