Journal of Economic Structures

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

Table 3 Key macroeconomic and trade results from the simulations.

From: Border adjustments under unilateral carbon pricing: the case of Australian carbon tax

	NBA	BAE	BAI	BAP	BAEI
Carbon tax (A$/tCO₂)	23	23	23	23	23
Real GDP	− 0.53	− 0.41	− 0.54	− 0.42	− 0.42
Aggregate employment	− 0.83	− 0.65	− 0.84	− 0.65	− 0.66
Export volume	− 4.98	− 4.42	− 5.07	− 4.48	− 4.5
Import volume	0.80	0.87	0.75	0.83	0.82
Export price	− 0.73	− 0.70	− 0.73	− 0.70	− 0.70
Import price	− 1.25	− 1.16	− 1.26	− 1.17	− 1.17
Terms of trade	0.53	0.47	0.54	0.47	0.48
Nominal exchange rate	− 1.25	− 1.16	− 1.26	− 1.17	− 1.17
Real devaluation	− 1.28	− 1.18	− 1.30	− 1.19	− 1.20
Equivalent variation (A$ m.)	5066.9	5264.1	5058.9	5498.2	5256.9

(1) All projections are in percentage changes from the base period except the equivalent variation (EV). (2) Export price and import price are measured in terms of domestic currency terms

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