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

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Table 6 Macroeconomic impact of tariff eliminations under ‘Indo-Pacific 2: Indo-Pacific 1 + Rest of South Asia + Rest of ASEAN’.

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

  Welfare effect (US$ million) Change in real GDP (%) Change in exports (%) Change in imports (%)
New Zealand − 213.73 − 0.02 − 0.14 − 1.06
Australia 2775.99 0.12 1.44 3.42
China − 4782.63 − 0.06 − 0.28 − 0.61
Japan 7708.29 0.06 0.78 2.17
Korea − 1004.13 − 0.02 − 0.07 − 0.43
ASEAN 5031.04 0.17 1.42 2.7
Malaysia − 314.79 − 0.02 0.2 0.17
Vietnam 78.51 0.02 0.28 0.89
South Asia 1294.74 0.32 6.71 6.75
India 6640.85 0.58 5.13 4.55
Canada − 966.25 0 0.05 − 0.36
USA 3415.48 0.01 0.95 0.71
Latin America − 1188.31 − 0.01 0.05 − 0.38
EU25 − 2438.33 0 0.04 − 0.11
Rest of World − 4902.03 − 0.01 − 0.02 − 0.29