Modelling the long-run economic impacts of a stylised US tariff increase: technical paper
This paper uses the Scottish Government Computable General Equilibrium (CGE) model to assess the long-run economic impacts of a stylised 10% tariff increase by the United States on UK goods exports.
Annex E – Exposure of domestic output to US trade
|
CGE sector |
Scotland |
UK |
|---|---|---|
|
Chemicals and pharmaceuticals |
10.6 |
11.6 |
|
Electronics |
8.1 |
7.6 |
|
Machinery |
5.7 |
10.3 |
|
Food and drink |
5.4 |
1.6 |
|
Textiles |
2.9 |
2.6 |
|
Metals |
2.2 |
4.3 |
|
Mining |
1.8 |
2.2 |
|
Agriculture |
1.1 |
1.1 |
|
Utilities |
0.3 |
0.2 |
|
Transportation |
0.0 |
1.9 |
Contact
Email: economic.statistics@gov.scot