Table 3 Cumulative impact of the... | Emerald Publishing

Table 3

Cumulative impact of the implementation of the Chips Act in 2040 on export by industry in each country relative to the baseline scenario (%)

	China	US	EU(28)	Japan	Korea rep	Taiwan	ASEAN	Row
Agricultural products	−0.22	0.52	0.26	−0.45	−0.53	−0.52	−0.56	−0.20
Textile and apparel	0.13	0.72	0.26	0.03	−0.12	−0.63	−0.30	−0.36
Chemical products	−0.02	0.15	−0.08	−0.29	−0.04	−0.17	−0.46	0.38
Metallic products	2.20	−1.13	−0.71	−0.46	−0.48	−2.33	0.60	0.01
Machine made	1.68	0.90	0.17	−1.16	−1.30	−1.82	−0.99	−0.56
Vehicles	0.82	0.57	0.07	−0.65	−0.77	−0.61	−0.22	−0.29
Electronic product	−3.50	4.29	3.07	2.26	0.90	1.00	2.23	2.90
Other manufacturing	−0.17	0.29	−0.52	−0.37	0.01	−0.32	0.46	0.57
Services	0.40	0.48	0.10	−0.37	−0.62	−0.58	−0.18	−0.22

	China	US	EU(28)	Japan	Korea rep	Taiwan	ASEAN	Row
Agricultural products	−0.22	0.52	0.26	−0.45	−0.53	−0.52	−0.56	−0.20
Textile and apparel	0.13	0.72	0.26	0.03	−0.12	−0.63	−0.30	−0.36
Chemical products	−0.02	0.15	−0.08	−0.29	−0.04	−0.17	−0.46	0.38
Metallic products	2.20	−1.13	−0.71	−0.46	−0.48	−2.33	0.60	0.01
Machine made	1.68	0.90	0.17	−1.16	−1.30	−1.82	−0.99	−0.56
Vehicles	0.82	0.57	0.07	−0.65	−0.77	−0.61	−0.22	−0.29
Electronic product	−3.50	4.29	3.07	2.26	0.90	1.00	2.23	2.90
Other manufacturing	−0.17	0.29	−0.52	−0.37	0.01	−0.32	0.46	0.57
Services	0.40	0.48	0.10	−0.37	−0.62	−0.58	−0.18	−0.22

Source(s): Author simulation