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

Table 2 Impact of palm oil exports’ stoppage to the European Union based on macroeconomic conditions of gross domestic product (GDP) and welfare level in Indonesia and other palm oil-producing countries

From: Assessing the impact of limiting Indonesian palm oil exports to the European Union

No

Country

Gross domestic product (%)

Equivalent variation (US $ Million)

SIM1

SIM2

SIM1

SIM2

1

Indonesia

− 0.00274

− 0.00138

− 213.99

− 107.24

2

Malaysia

− 0.00011

− 0.00009

10:37

7:35

3

Thailand

0.00044

0.00033

4:06

3:01

4

Singapore

− 0.00004

− 0.00005

− 2.62

− 1.95

5

Colombia

0.00004

0.00003

00:27

00:18

6

Nigeria

0

0

− 0.32

− 0.23

  1. Description:
  2. SIM1: Scenario in which the export of palm oil from Indonesia to the European Union halted 100%
  3. SIM2: Scenarios in which the export of palm oil from Indonesia to the European Union halted 50%