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

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Table 10 Macroeconomic impact of tariff elimination under ‘Indo-Pacific 4’.

From: Indo-Pacific cooperation: what do trade simulations indicate?

  Welfare effect (US$ million) Change in real GDP (%) Change in exports (%) Change in imports (%)
Indo-Pacific-1 40,215.92 0.08 4.43 4.76
New Zealand − 150.53 − 0.01 1.03 0.56
China 10,175.66 0.24 2.49 3.24
Korea − 417.01 0.1 1.49 1.78
ASEAN 2471.45 0.11 0.95 1.45
Pakistan 281.11 0.19 4.05 3.38
Sri Lanka 122.73 0.2 2.42 4.23
Bangladesh 168.64 0.08 5.24 5.21
Canada − 2810.68 0.04 0.69 − 0.54
Mexico − 2373.83 0 0.53 − 0.85
Chile − 81.72 0 0.24 0.12
EU25 − 10,728.26 − 0.01 0.13 − 0.3
Kenya − 55.88 0.11 2.77 1.11
Tanzania 5.64 0.15 1.61 0.92
Mozambique − 5.53 0.03 0.44 0.57
Mauritius − 18.94 − 0.02 0.14 − 0.35
South Africa 619.89 0.14 2.11 3.17
Oman − 25.36 0.06 0.77 1.3
Rest of World − 11,289.22 − 0.02 − 0.08 − 0.8