|**Table 24: Summary of Results of Professional Servi**<br>**(results are percentage change from initial equilibrium, unl**<br>|**ces Policies -**<br>**ess otherwise in**<br>Domestic &<br>Diiit|**-No initial r**<br>**dicated)**<br>Dti|**ent capture c**<br>Unilateral<br>Diiit|**ase**<br> <br>EU<br>Diiit|<br>Africa<br>Diiit|<br>EU & Africa<br>Diiit|<br> <br>Rest of World<br>Diiit|
|---|---|---|---|---|---|---|---|
||scrmnaory|omesc|scrmnaory|<br>scrmnaory|<br>scrmnaor|y<br>scrmnaor|<br>scrmnaory|
|**Scenario definition**|Services|Services|Services|Services|Services|Services|Services|
|50%reduction of discriminatory barriers on EU services firms|Yes|No|Yes|Yes|No|Yes|No|
|50% reduction of discriminatory barriers on African services firm|Yes|No|Yes|No|Yes|Yes|No|
|50% reduction of discriminatory barriers on ROW services firms|Yes|No|Yes|No|No|No|Yes|
|50%reductionof regulatory barriersforallservicesfirms|Yes|Yes|No|No|No|No|No|
|**Aggregate welfare**||||||||
|Welfare (EV as % of consumption)|**0.24**|0.13|0.11|0.04|0.01|0.05|0.06|
|Welfare (EV as % of GDP)|**0.22**|0.12|0.10|0.04|0.01|0.04|0.06|
|**Government budget**||||||||
|Tariff revenue (% of GDP)|**1.26**|1.25|1.25|1.25|1.25|1.25|1.25|
|Tariff revenue|**0.36**|0.12|0.21|0.09|0.01|0.10|0.13|
|**Aggregate trade**||||||||
|Real exchange rate|**0.04**|0.02|0.03|0.01|0.00|0.01|0.02|
|Aggregate exports|**-0.13**|-0.23|0.09|0.03|0.03|0.06|0.03|
|**Factor Earnings**||||||||
|<br>Subsistence Factor|**0.24**|0.13|0.11|0.04|0.01|0.05|0.06|
|Child labor (age 10 to 14)|**0.16**|0.05|0.10|0.04|0.01|0.05|0.06|
|Female labor (no formal education)|**0.13**|0.03|0.09|0.03|0.01|0.04|0.05|
|<br>Female labor (not finished primary school)|**0.19**|0.08|0.09|0.04|0.01|0.04|0.06|
|<br>Female labor (not finished secondary school)|**0.20**|0.08|0.11|0.04|0.01|0.05|0.06|
|Female labor (secondary or higher education)|**0.28**|0.16|0.12|0.05|0.00|0.05|0.08|
|Male labor (no formal education)|**0.08**|0.00|0.07|0.03|0.01|0.04|0.04|
|Male labor (not finished primary school)|**0.12**|0.03|0.08|0.03|0.01|0.04|0.05|
|Male labor (not finished secondary school)|**0.24**|0.11|0.12|0.05|0.01|0.06|0.08|
|Male labor (secondary or higher education)|**0.29**|0.15|0.13|0.05|0.00|0.06|0.08|
|Capital|**0.17**|0.06|0.10|0.04|0.01|0.05|0.06|
|Agricultural land|**0.07**|0.00|0.07|0.03|0.01|0.03|0.04|
|**Factor adjustments**||||||||
|Subsistence Factor|**0.02**|0.01|0.01|0.00|0.00|0.01|0.01|
|Child labor (age 10 to 14)|**0.09**|0.06|0.03|0.01|0.00|0.01|0.02|
|Female labor (no formal education)|**0.12**|0.08|0.04|0.02|0.00|0.02|0.02|
|Female labor (not finished primary school)|**0.07**|0.04|0.03|0.01|0.00|0.02|0.02|
|Female labor (not finished secondary school)|**0.09**|0.06|0.03|0.01|0.00|0.01|0.02|
|<br>Female labor (secondary or higher education)|**0.15**|0.08|0.06|0.02|0.00|0.03|0.04|
|Male labor (no formal education)|**0.16**|0.11|0.05|0.02|0.00|0.02|0.03|
|<br>Male labor (not finished primary school)|**0.13**|0.09|0.04|0.02|0.00|0.02|0.03|
|<br>Male labor (not finished secondary school)|**0.13**|0.08|0.05|0.02|0.00|0.02|0.03|
|Male labor (secondary or higher education)|**0.14**|0.08|0.06|0.02|0.00|0.03|0.04|
|Capital|**0.14**|0.08|0.06|0.02|0.00|0.03|0.04|
|Agricultural land<br>Source: Authors' estimates.|**0.14**|0.10|0.04|0.02|0.00|0.02|0.03|

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