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
| Â | 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 |