Table 2. Impact of Simulation 2...

Table 2.

Impact of Simulation 2

Deviation of policy simulation from baseline BCP#
Variable name	Impact (1994-1995)	Short run (1994-1995 to 1995-1996)	Long run (1994-1995 to 2015-2016)
YMNR	−0.18	−0.23	−0.45
YSRR	−0.18	−0.23	−0.46
YINFR	−0.13	−0.17	−0.52
YR	−0.12	−0.16	−0.39
Y	−0.88	−1.07	−1.74
YM	−0.80	−0.98	−1.61
PIMNR	−0.41	−0.44	−0.56
PISRR	−0.34	−0.39	−0.59
PIINFR	−1.12	−1.23	−1.60
PITOTR	−0.39	−0.43	−0.65
PGDP	−0.76	−0.92	−1.35
P	−0.77	−0.93	−1.37
DT	−1.58	−1.91	−2.89
INDT	−0.75	−0.91	−1.50
NTR	−0.79	−0.96	−1.58
TR	−0.90	−1.10	−1.87
PCR	−0.38	−0.50	−0.92
GFD	1.54	1.99	4.70
M3	−5.55	−5.65	−5.92
PLR	0.39	0.40	0.55
EXT	0.23	0.13	−0.09
IMP	−0.34	−0.40	−0.78
UVEXP	−0.92	−1.11	−1.64
TB*	−1.94	−1.93	−1.99
EXR***	−0.27	−0.34	−0.73
ABSP	−0.38	−0.48	−0.85
ADD	−0.30	−0.39	−0.70

Deviation of policy simulation from baseline BCP#
Variable name	Impact(1994-1995)	Short run(1994-1995 to 1995-1996)	Long run(1994-1995 to 2015-2016)
YMNR	−0.18	−0.23	−0.45
YSRR	−0.18	−0.23	−0.46
YINFR	−0.13	−0.17	−0.52
YR	−0.12	−0.16	−0.39
Y	−0.88	−1.07	−1.74
YM	−0.80	−0.98	−1.61
PIMNR	−0.41	−0.44	−0.56
PISRR	−0.34	−0.39	−0.59
PIINFR	−1.12	−1.23	−1.60
PITOTR	−0.39	−0.43	−0.65
PGDP	−0.76	−0.92	−1.35
P	−0.77	−0.93	−1.37
DT	−1.58	−1.91	−2.89
INDT	−0.75	−0.91	−1.50
NTR	−0.79	−0.96	−1.58
TR	−0.90	−1.10	−1.87
PCR	−0.38	−0.50	−0.92
GFD	1.54	1.99	4.70
M3	−5.55	−5.65	−5.92
PLR	0.39	0.40	0.55
EXT	0.23	0.13	−0.09
IMP	−0.34	−0.40	−0.78
UVEXP	−0.92	−1.11	−1.64
TB*	−1.94	−1.93	−1.99
EXR***	−0.27	−0.34	−0.73
ABSP	−0.38	−0.48	−0.85
ADD	−0.30	−0.39	−0.70

Notes:

*(+) implies an increase in the deficit and (−) decrease in the deficit. ** (+) implies depreciation and (−) implies appreciation. #: [(PS−BS)/BS] *100, Where PS refers to policy simulated data series and BS refers to baseline simulated data series

Source: Authors’ calculation

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