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Journal of Economic Structures

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

Table 12 Alternative approach to evaluate counterfactual effect of SAFTA + AFTA

From: SAFTA and AFTA: a comparative welfare analysis of two regional trade agreements

Country

Conditional

Full

Bangladesh

0.02

0.04

Bhutan

1.76

3.18

Brunei Darussalam

0.31

0.56

Cambodia

0.28

0.42

India

0.00

− 0.01

Indonesia

0.02

0.03

Lao PDR

0.11

0.20

Maldives

2.09

3.77

Malaysia

0.02

0.03

Nepal

1.66

2.99

Pakistan

0.02

0.03

Philippines

0.01

0.02

Singapore

0.01

0.02

Sri Lanka

0.02

0.04

Thailand

0.02

0.03

Vietnam

0.02

0.03

AFTA + SAFTA average

0.39

0.71

Third Country average

0.00

0.00

World average

0.04

0.07

  1. One may consider it (or avoid it as this not the main identification strategy of my paper) only as an alternative approach to evaluate benchmark indexes when I constrain all the trade cost coefficients from Felbermayr et al. (2015) in the baseline step of GEPPML estimator. The results of first and second columns are almost similar to the third column of Table 7 and third column of Table 8, respectively
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