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Report on Revenue Impact

The Revenue Impact report returns individual results on the market's revenue by product code and for all products as one aggregate.

The table contains the following information:

Column Heading

Content

Product

returns Total HS which corresponds to the aggregated results for all products included in the simulation;

HS Code

is the HS 6-digit code;

Tariff Line Code

replicates the HS 6-digit code since tariff line level simulation is not working yet;

Revenue Effect ($'000)

is the tariff revenue change between the pre and post situation;

Trade Total Effect ($'000)

is the sum of Trade Diversion effect, Trade Creation Effect and Price Effect;

Trade Value ($'000)

is the initial trade value. The sum of Trade value and Trade Total Effect gives the new trade value.

Old Weighted Rate (%)

is the pre tariff change weighted (by bilateral trade) average tariff;

New Weighted Rate (%)

is the post tariff change weighted (by bilateral trade) average tariff;

Note: $'000 means thousand of current US dollars

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The World Bank, 2010