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% |