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

Journal of Economic Structures Cover Image

Table 14 (Scenario A3:S1–S3) Observed change (%) in various macro-indicators due to 50% tariff reduction

From: Impact of trade liberalisation on formal–informal interlinkages in India: does sectoral labour mobility matter?

 Segmented labour market-2
\(\sigma_{j}^{LD} = 0. 2\)\(\sigma_{j}^{LD} = 1. 2\)\(\sigma_{j}^{LD} = 2. 5\)
Govt. budget deficit/GDP*26.7623.6122.67
GDP at basic price (real)1.931.541.44
GDP at market Price (real)1.200.880.80
GFCF/GDP*− 12.48− 7.61− 6.23
  1. Real GDP is calculated applying GDP deflator computed from SAM
  2. * GDP at basic price (nominal)