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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

NoCountryGross domestic product (%)Equivalent variation (US $ Million)
SIM1SIM2SIM1SIM2
1Indonesia− 0.00274− 0.00138− 213.99− 107.24
2Malaysia− 0.00011− 0.0000910:377:35
3Thailand0.000440.000334:063:01
4Singapore− 0.00004− 0.00005− 2.62− 1.95
5Colombia0.000040.0000300:2700:18
6Nigeria00− 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%