|**Table 7: Summary of Results, no intial rent capture c**|**ase (results**|**are percent**|**age change f**<br>EU<br>|**rom initial eq**<br>|**uilibrium, unl**|**ess otherwis**<br>|**e indicated)**|<br>Unilateral<br>Discrimina<br>|<br>|<br>**Unilateral**<br>|
|---|---|---|---|---|---|---|---|---|---|---|
||||Discriminatory<br>|<br>||**EU-Africa**<br>||tory<br>|Unilatera<br>|l<br>**&**<br>|
|**Scenario definition**|Benchmark|**EU FTA**|Services|EU Tariffs|**Africa FTA**|**FTA**|**Unilateral**|Services|Tariffs|**Domestic**|
|50%reduction of discriminatory barriers on EU services firms|No|**Yes**|Yes|No|**No**|**Yes**|**Yes**|Yes|No|**Yes**|
|50% reduction of discriminatory barriers on African services firm|No|**No**|No|No|**Yes**|**Yes**|**Yes**|Yes|No|**Yes**|
|50% reduction of discriminatory barriers on ROW services firms|No|**No**|No|No|**No**|**No**|**Yes**|Yes|No|**Yes**|
|50% reduction of regulatory barriers for all services firms|No|**No**|No|No|**No**|**No**|**No**|No|No|**Yes**|
|Removal of tariffs on EU sourced goods|No|**Yes**|No|Yes|**No**|**Yes**|**Yes**|No|Yes|**Yes**|
|Removal of tariffs on ROWsourcedgoods|No|**No**|No|No|**No**|**No**|**Yes**|No|Yes|**Yes**|
|**Aggregate welfare**|||||||||||
|Welfare (EV as % of consumption)||**0.35**|0.30|0.05|**0.10**|**0.44**|**1.71**|0.72|0.96|**6.98**|
|Welfare (EV as % of GDP)||**0.32**|0.27|0.04|**0.09**|**0.40**|**1.55**|0.65|0.86|**6.31**|
|**Government budget**|||||||||||
|Tariff revenue (% of GDP)|1.3|**0.9**|1.3|0.9|**1.3**|**0.9**||1.3|||
|Tariff revenue||**-24.9**|0.7|-25.4|**0.2**|**-24.7**|**-100.0**|1.5|-100.0|**-100.0**|
|**Aggregate trade**|||||||||||
|Real exchange rate||**0.3**|0.0|0.3|**0.0**|**0.3**|**2.5**|0.0|2.5|**0.3**|
|Aggregate exports||**6.3**|0.5|5.8|**0.8**|**7.2**|**44.9**|1.9|41.8|**77.5**|
|**Factor Earnings**|||||||||||
|Subsistence Factor||**0.4**|0.4|0.0|**0.1**|**0.5**|**2.7**|0.9|1.7|**8.8**|
|Child labor (age 10 to 14)||**0.8**|0.3|0.5|**0.1**|**0.9**|**3.9**|0.8|3.1|**8.6**|
|Female labor (no formal education)||**0.8**|0.3|0.6|**0.1**|**1.0**|**5.6**|0.7|4.8|**10.7**|
|Female labor (not finished primary school)||**-0.4**|0.3|-0.7|**0.1**|**-0.3**|**-6.9**|0.6|-7.4|**-5.8**|
|Female labor (not finished secondary school)||**0.7**|0.3|0.4|**0.1**|**0.8**|**3.3**|0.8|2.5|**8.1**|
|Female labor (secondary or higher education)||**0.8**|0.3|0.5|**0.0**|**0.8**|**1.8**|0.5|1.3|**3.6**|
|Male labor (no formal education)||**1.0**|0.2|0.7|**0.1**|**1.1**|**6.8**|0.6|6.1|**11.0**|
|<br>Male labor (not finished primary school)||**0.7**|0.2|0.4|**0.1**|**0.8**|**3.1**|0.6|2.5|**6.0**|
|Male labor (not finished secondary school)||**0.8**|0.3|0.5|**0.1**|**0.9**|**3.2**|0.7|2.5|**6.7**|
|Male labor (secondary or higher education)||**0.8**|0.3|0.4|**0.0**|**0.8**|**3.2**|0.6|2.5|**6.2**|
|Capital||**0.9**|0.3|0.6|**0.1**|**1.0**|**5.3**|0.7|4.5|**9.6**|
|Agricultural land||**0.7**|0.3|0.4|**0.1**|**0.8**|**4.7**|0.6|4.1|**8.6**|
|**Factor adjustments**|||||||||||
|Subsistence Factor||**0.1**|0.0|0.1|**0.0**|**0.1**|**0.5**|0.0|0.5|**0.8**|
|Child labor (age 10 to 14)<br>||**0.3**<br>|0.1<br>|0.4<br>|**0.0**<br>|**0.3**<br>|**2.0**<br>|0.1<br>|2.1<br>|**2.3**<br>|
|Female labor (no formal education)||**0.4**|0.1|0.4|**0.0**|**0.4**|**3.1**|0.2|3.2|**2.9**|
|Female labor (not finished primary school)||**0.7**|0.1|0.7|**0.0**|**0.8**|**7.3**|0.2|7.0|**10.2**|
|Female labor (not finished secondary school)||**0.3**|0.1|0.3|**0.0**|**0.3**|**2.5**|0.2|2.5|**3.3**|
|Female labor (secondary or higher education)||**0.2**|0.1|0.1|**0.0**|**0.2**|**1.8**|0.3|1.8|**2.8**|
|<br>Male labor (no formal education)||**0.4**|0.1|0.5|**0.0**|**0.4**|**3.3**|0.2|3.5|**3.1**|
|<br>Male labor (not finished primary school)||**0.5**|0.1|0.5|**0.0**|**0.5**|**4.3**|0.3|4.3|**5.4**|
|<br>Male labor (not finished secondary school)||**0.4**|0.1|0.3|**0.0**|**0.4**|**2.9**|0.3|2.8|**4.2**|
|Male labor (secondary or higher education)||**0.3**|0.1|0.2|**0.0**|**0.3**|**1.4**|0.3|1.2|**3.4**|
|Capital||**0.5**|0.1|0.5|**0.1**|**0.5**|**3.3**|0.3|3.2|**5.0**|
|Agricultural land<br>Source: Authors' estimates.||**0.4**|0.1|0.5|**0.0**|**0.4**|**3.5**|0.2|3.6|**3.3**|

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