The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 5 Conditional GE effect of SAFTA, measures from the changes in real GDP.
From: SAFTA and AFTA: a comparative welfare analysis of two regional trade agreements
Country | Baseline | HM | Benchmark |
|---|---|---|---|
Bangladesh | − 1.49 | − 1.79 | − 4.29 |
Bhutan | − 1.00 | − 1.21 | − 3.54 |
India | − 0.26 | − 0.32 | − 0.84 |
Maldives | − 1.10 | − 1.36 | − 5.22 |
Nepal | − 1.16 | − 1.39 | − 3.86 |
Pakistan | − 1.51 | − 1.81 | − 4.24 |
Sri Lanka | − 1.03 | − 1.24 | − 3.41 |
SAFTA average | − 1.08 | − 1.30 | − 3.63 |
Brunei Darussalam | 0.00 | 0.01 | 0.02 |
Cambodia | 0.00 | 0.00 | − 0.01 |
Canada | − 0.01 | − 0.02 | − 0.03 |
China | 0.00 | 0.00 | 0.06 |
France | − 0.01 | − 0.02 | − 0.03 |
Germany | − 0.01 | − 0.02 | − 0.03 |
Indonesia | 0.00 | 0.00 | 0.01 |
Japan | − 0.01 | − 0.01 | − 0.03 |
Lao PDR | 0.00 | 0.00 | 0.00 |
Malaysia | 0.01 | 0.01 | 0.07 |
Philippines | 0.00 | 0.00 | 0.00 |
Singapore | 0.00 | 0.01 | 0.08 |
Thailand | 0.01 | 0.01 | 0.02 |
UK | − 0.01 | − 0.01 | − 0.02 |
USA | − 0.01 | − 0.01 | − 0.02 |
Third country average | 0.00 | − 0.01 | 0.00 |
World average | − 0.05 | − 0.06 | − 0.15 |