Table 7 Simulation results of labour wage changes in economies under different scenarios.
From: The impact of RCEP on labour markets in non-member economies: evidence from Taiwan, China
Skilled labour | Unskilled labour | |||||
|---|---|---|---|---|---|---|
S1 | S2 | S3 | S1 | S2 | S3 | |
CHN | 4.16% | 4.26% | 4.41% | 4.06% | 4.29% | 4.43% |
TAP | −14.36% | −14.91% | 25.64% | −14.70% | −15.22% | 25.18% |
HKG | −3.59% | 33.29% | 34.58% | −3.52% | 33.97% | 33.88% |
JPN | 15.23% | 15.15% | 15.16% | 15.13% | 15.11% | 15.23% |
KOR | 22.73% | 22.80% | 22.46% | 23.15% | 23.26% | 22.02% |
AUS | 13.36% | 13.55% | 13.88% | 13.40% | 13.60% | 13.83% |
NZL | 15.28% | 15.38% | 15.22% | 14.89% | 15.01% | 15.60% |
ASEAN | 14.93% | 15.28% | 14.55% | 14.03% | 14.41% | 15.43% |
USA | −2.33% | −2.50% | −2.84% | −2.33% | −2.50% | −2.83% |
EU-27 | −2.59% | −2.86% | −3.26% | −2.63% | −2.90% | −3.22% |
RestofWorld | −2.62% | −2.86% | −3.15% | −2.59% | −2.82% | −3.18% |
