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

Table 7 Decomposition of the Total Welfare Effect for Ethiopia (US$ millions).

From: Impact of alternative regional trade arrangements on the Ethiopian economy

  Allocative efficiency effect Endowment effect Terms of trade effect Investment-saving effect Total
Scenario 1 3.80 0.00 − 3.00 − 5.60 − 4.80
Scenario 2 6.74 23.18 − 2.99 − 4.30 22.63
Scenario 3 41.92 109.79 − 89.69 − 139.16 − 77.13
Scenario 4 − 59.08 42.76 − 78.88 − 116.86 − 212.06