Table 2

The cumulative impact of the implementation of the Chips Act in 2040 on output by industry in each country relative to the baseline scenario

ChinaUSEU(28)JapanKorea repTaiwanASEANRow
Agricultural products−0.060.130.160.050.00−0.05−0.11−0.02
Textile and apparel0.050.180.220.060.05−0.30−0.21−0.17
Chemical products−0.110.05−0.07−0.13−0.04−0.02−0.210.27
Metallic products0.26−0.49−0.46−0.31−0.34−1.620.470.11
Machine0.39−0.070.03−0.75−0.78−1.14−0.77−0.18
Vehicles0.12−0.050.04−0.48−0.50−0.090.03−0.09
electronic product−2.951.912.311.931.081.092.151.94
Other manufacturing−0.09−0.03−0.34−0.020.090.060.400.38
Services−0.06−0.100.000.070.140.240.190.05

Source(s): Author simulation

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