The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 7 (Scenario A1–A2:S1–S3) Observed change (%) in various macro-indicators due to 50% tariff reduction
Segmented labour market-1 | No segmentation | |||||
|---|---|---|---|---|---|---|
\(\sigma_{j}^{LD} = 0. 2\) | \(\sigma_{j}^{LD} = 1. 2\) | \(\sigma_{j}^{LD} = 2. 5\) | \(\sigma_{j}^{LD} = 0. 2\) | \(\sigma_{j}^{LD} = 1. 2\) | \(\sigma_{j}^{LD} = 2. 5\) | |
Govt. budget deficit/GDP* | 25.10 | 25.26 | 25.28 | 25.37 | 25.03 | 24.89 |
GDP at basic price (real) | 0.00** | − 0.24 | − 0.24 | 0.00** | 0.00** | 0.00** |
GDP at market price (real) | − 0.62 | − 0.85 | − 0.85 | − 0.62 | − 0.62 | − 0.61 |
GFCF/GDP* | − 5.41 | − 5.32 | − 5.33 | − 6.01 | − 5.61 | − 5.45 |