The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 3 Conditional GE of AFTA, measures from the changes in real GDP.
From: SAFTA and AFTA: a comparative welfare analysis of two regional trade agreements
Country | Baseline | HM | Benchmark |
|---|---|---|---|
Brunei Darussalam | − 1.13 | − 1.33 | − 2.36 |
Cambodia | − 1.18 | − 1.38 | − 2.48 |
Indonesia | − 0.51 | − 0.60 | − 1.04 |
Lao PDR | − 0.92 | − 1.08 | − 2.02 |
Malaysia | − 1.26 | − 1.46 | − 2.18 |
Philippines | − 0.47 | − 0.55 | − 1.02 |
Singapore | − 0.80 | − 0.97 | − 1.99 |
Thailand | − 0.58 | − 0.68 | − 1.22 |
Vietnam | − 0.66 | − 0.76 | − 1.31 |
AFTA average | − 0.84 | − 0.98 | − 1.74 |
Bangladesh | 0.02 | 0.03 | 0.06 |
Bhutan | 0.01 | 0.00 | 0.00 |
China | 0.01 | 0.02 | 0.08 |
Canada | − 0.01 | − 0.01 | 0.00 |
France | − 0.01 | − 0.01 | 0.00 |
Germany | − 0.01 | − 0.01 | 0.00 |
India | 0.02 | 0.02 | 0.07 |
Japan | 0.00 | 0.00 | 0.06 |
Maldives | 0.02 | 0.02 | 0.02 |
Nepal | 0.00 | 0.00 | 0.00 |
Pakistan | 0.00 | 0.01 | 0.03 |
Sri Lanka | 0.04 | 0.04 | 0.08 |
UK | − 0.01 | − 0.01 | 0.00 |
USA | 0.00 | − 0.01 | 0.00 |
Third country average | 0.00 | 0.00 | 0.01 |
World average | − 0.04 | − 0.05 | − 0.08 |