|**Table 8: Summary of Results, Initial Rent Capture C**|**ase (results**|**are perce**|**ntage change f**<br>EU|**rom initial e**|**quilibrium, u**|**nless otherwi**|**se indicated**|**)**<br>Unilateral<br>Discrimina|<br>|**Unilateral**|
|---|---|---|---|---|---|---|---|---|---|---|
||||Discriminatory<br>|||**EU-Africa**<br>||tory<br>|<br>Unilatera<br>|l<br>**&**<br>|
|**Scenario definition**|Benchmark|**EU FTA**|Services|EU Tariffs|**Africa FTA**|**FTA**|**Unilateral**|Services|<br>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)||**0.27**|0.22|0.05|**0.03**|**0.29**|**1.48**|0.49|0.96|**5.37**|
|Welfare (EV as % of GDP)||**0.24**|0.20|0.04|**0.02**|**0.27**|**1.34**|0.44|0.86|**4.85**|
|**Government budget**|||||||||||
|Tariff revenue (% of GDP)|1.3|**0.9**|1.3|0.9|**1.3**|**0.9**||1.3|||
|Tariff revenue||**-24.9**|0.6|-25.4|**0.2**|**-24.8**|**-100.0**|1.4|-100.0|**-100.0**|
|**Aggregate trade**|||||||||||
|Real exchange rate||**0.3**|0.1|0.3|**0.0**|**0.3**|**2.5**|0.1|2.5|**0.5**|
|Aggregate exports||**6.4**|0.5|5.8|**0.9**|**7.2**|**44.9**|2.0|41.8|**76.1**|
|**Factor Earnings**|||||||||||
|Subsistence Factor||**0.3**|0.3|0.0|**0.0**|**0.3**|**2.4**|0.6|1.7|**7.0**|
|Child labor (age 10 to 14)<br>||**0.7**<br>|0.2<br>|0.5<br>|**0.1**<br>|**0.8**<br>|**3.7**<br>|0.6<br>|3.1<br>|**7.2**<br>|
|Female labor (no formal education)||**0.8**|0.2|0.6|**0.1**|**0.9**|**5.4**|0.5|4.8|**9.2**|
|Female labor (not finished primary school)||**-0.4**|0.2|-0.7|**0.0**|**-0.4**|**-7.0**|0.5|-7.4|**-6.4**|
|Female labor (not finished secondary school)||**0.6**|0.3|0.4|**0.1**|**0.7**|**3.2**|0.6|2.5|**7.2**|
|Female labor (secondary or higher education)||**0.8**|0.3|0.5|**0.1**|**0.9**|**2.1**|0.8|1.3|**5.5**|
|Male labor (no formal education)||**0.9**|0.2|0.7|**0.1**|**1.0**|**6.7**|0.5|6.1|**9.9**|
|Male labor (not finished primary school)||**0.6**|0.2|0.4|**0.1**|**0.7**|**3.1**|0.5|2.5|**5.4**|
|Male labor (not finished secondary school)||**0.8**|0.3|0.5|**0.1**|**0.9**|**3.3**|0.8|2.5|**7.4**|
|Male labor (secondary or higher education)||**0.9**|0.4|0.4|**0.1**|**1.0**|**3.5**|1.0|2.5|**8.5**|
|Capital||**0.9**|0.3|0.6|**0.1**|**1.0**|**5.4**|0.8|4.5|**10.4**|
|Agricultural land||**0.6**|0.2|0.4|**0.1**|**0.7**|**4.5**|0.4|4.1|**7.1**|
|**Factor adjustments**|||||||||||
|Subsistence Factor||**0.1**|0.0|0.1|**0.0**|**0.1**|**0.5**|0.0|0.5|**0.9**|
|Child labor (age 10 to 14)||**0.3**|0.1|0.4|**0.0**|**0.3**|**2.0**|0.1|2.1|**2.3**|
|Female labor (no formal education)||**0.4**|0.1|0.4|**0.0**|**0.4**|**3.1**|0.2|3.2|**3.1**|
|Female labor (not finished primary school)||**0.7**|0.1|0.7|**0.0**|**0.7**|**7.3**|0.2|7.0|**10.1**|
|Female labor (not finished secondary school)||**0.3**|0.1|0.3|**0.0**|**0.4**|**2.5**|0.2|2.5|**3.3**|
|<br>Female labor (secondary or higher education)||**0.2**|0.1|0.1|**0.0**|**0.3**|**1.8**|0.4|1.8|**3.4**|
|<br>Male labor (no formal education)||**0.4**|0.1|0.5|**0.0**|**0.5**|**3.4**|0.2|3.5|**3.2**|
|<br>Male labor (not finished primary school)||**0.5**|0.1|0.5|**0.0**|**0.5**|**4.3**|0.2|4.3|**5.3**|
|Male labor (not finished secondary school)||**0.4**|0.1|0.3|**0.1**|**0.4**|**3.0**|0.3|2.8|**4.5**|
|Male labor (secondary or higher education)||**0.3**|0.2|0.2|**0.1**|**0.4**|**1.5**|0.5|1.2|**4.3**|
|Capital||**0.5**|0.2|0.5|**0.1**|**0.6**|**3.4**|0.4|3.2|**5.6**|
|Agricultural land<br>Source: Authors' estimates.||**0.4**|0.1|0.5|**0.0**|**0.5**|**3.5**|0.2|3.6|**3.3**|

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