The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 3 Macroeconomic impact of tariff eliminations under ‘Indo-Pacific 1’.
From: Indo-Pacific cooperation: what do trade simulations indicate?
Country | Welfare effect (US$ million) | Change in real GDP (%) | Change in exports (%) | Change in imports (%) |
|---|---|---|---|---|
New Zealand | − 144.51 | − 0.01 | − 0.09 | − 0.71 |
Australia | 2767.05 | 0.11 | 1.27 | 3.25 |
China | − 1788.54 | − 0.01 | − 0.09 | − 0.26 |
Japan | 5035.89 | 0.05 | 0.58 | 1.44 |
Korea | − 447.34 | − 0.01 | − 0.02 | − 0.19 |
ASEAN | − 683.2 | − 0.01 | − 0.03 | − 0.17 |
Malaysia | − 202.99 | − 0.02 | − 0.03 | − 0.15 |
Vietnam | − 92 | − 0.04 | − 0.03 | − 0.2 |
South Asia | − 117.22 | − 0.01 | − 0.06 | − 0.26 |
India | 2692.39 | 0.23 | 2.45 | 2.34 |
Canada | − 793.28 | 0 | 0.03 | − 0.28 |
USA | 3686.21 | 0.01 | 0.56 | 0.58 |
Latin America | − 695.98 | 0 | 0.05 | − 0.19 |
EU25 | − 1043.17 | 0 | 0.03 | − 0.05 |
Rest of World | − 2998.4 | 0 | 0.01 | − 0.14 |