The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 4 Full GE effect 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 | − 2.03 | − 2.37 | − 4.18 |
Cambodia | − 2.10 | − 2.46 | − 4.40 |
Indonesia | − 0.93 | − 1.09 | − 1.85 |
Lao PDR | − 1.65 | − 1.93 | − 3.57 |
Malaysia | − 2.25 | − 2.61 | − 3.86 |
Philippines | − 0.83 | − 0.98 | − 1.80 |
Singapore | − 1.49 | − 1.79 | − 3.55 |
Thailand | − 1.04 | − 1.23 | − 2.16 |
Vietnam | − 1.16 | − 1.36 | − 2.31 |
AFTA average | − 1.50 | − 1.76 | − 3.08 |
Bangladesh | 0.05 | 0.06 | 0.09 |
Bhutan | 0.03 | 0.03 | 0.01 |
China | 0.04 | 0.05 | 0.11 |
Canada | 0.00 | 0.00 | 0.00 |
France | 0.00 | − 0.01 | 0.00 |
Germany | 0.00 | 0.01 | 0.00 |
India | 0.05 | 0.06 | 0.11 |
Japan | 0.02 | 0.03 | 0.09 |
Maldives | 0.05 | 0.05 | 0.03 |
Nepal | 0.00 | 0.03 | 0.01 |
Pakistan | 0.00 | 0.03 | 0.06 |
Sri Lanka | 0.07 | 0.08 | 0.12 |
UK | 0.01 | 0.01 | 0.00 |
USA | 0.01 | 0.01 | 0.00 |
Third country average | 0.02 | 0.02 | 0.02 |
World average | − 0.06 | − 0.07 | − 0.14 |