Table 3 Simulation results of changes in GDP of economies under different scenarios.

From: The impact of RCEP on labour markets in non-member economies: evidence from Taiwan, China

 

S1

S2

S3

CHN

4.41%

4.68%

5.25%

TAP

−16.15%

−16.73%

18.36%

HKG

−3.80%

39.83%

34.75%

JPN

16.48%

16.46%

10.30%

KOR

25.03%

25.20%

18.96%

AUS

14.46%

14.71%

7.31%

NZL

16.96%

17.1%

11.53%

ASEAN

15.11%

15.57%

14.98%

USA

−2.34%

−2.51%

−0.13%

EU-27

−2.66%

−2.95%

−0.54%

RestofWorld

−2.69%

−2.87%

−0.56%

World

1.96%

2.15%

2.41%