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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 B – CGE Industry Definitions

CGE Idustry

CGE industry description

Agriculture, forestry and fishing

Agriculture

Mining

Mining and Quarrying

Food and Drink

Manufacture of food products, beverages and products

Textiles

Manufacture of textiles, wearing apparel and leather, wood and paper products, and printing

Chemicals

Manufacture of chemicals, coke and refined petroleum products, basic pharmaceuticals and their products

Metals

Manufacture of basic metals and fabricated metal products, except machinery, rubber, plastic and other non-metallic mineral products

Electronics

Manufacture of computer, electronic and optical products, and electrical equipment

Machinery

Manufacture of machinery and equipment n.e.c, transport equipment, furniture, other manufacturing; repair and installation of machinery and equipment

Utilities

Electricity, gas, steam and air conditioning supply, Water supply; sewerage, waste management and remediation activities

Construction

Construction

Retail

Wholesale and retail trade; repair of motor vehicles and motorcycles

Transportation

Transport and storage

Hospitality

Accommodation and food service activities

ICT

Information and communication

Financial

Finance and insurance activities

Real estate

Real estate activities

Professional

Professional, scientific and technical activities

Admin

Administrative and support service activities

Public admin

Public administration and defence; compulsory social security

Education and health

Education, Human health and social work activities

Other service

Other services activities

Contact

Email: economic.statistics@gov.scot

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