Table 5 Cumulative impact of Chips Act... | Emerald Publishing

Table 5

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

	Year	China	US	EU (28)	Japan	Korea rep	Taiwan	ASEAN	Row
Output	2023	−2.78	1.35	1.77	1.66	1.07	0.77	1.54	1.56
	2030	−2.65	1.57	2.00	1.69	1.11	0.82	1.69	1.60
	2040	−2.95	1.91	2.31	1.93	1.08	1.09	2.15	1.94
Export	2023	−3.30	2.58	2.25	1.89	0.95	0.70	1.61	2.42
	2030	−3.13	3.18	2.55	1.93	0.96	0.75	1.75	2.45
	2040	−3.50	4.29	3.07	2.26	0.90	1.00	2.23	2.90
Import	2023	0.35	−0.82	0.18	−0.49	0.07	0.13	0.59	−0.32
	2030	0.38	−0.95	0.16	−0.43	0.11	0.18	0.70	−0.30
	2040	0.45	−1.24	0.00	−0.51	0.08	0.39	0.96	−0.35

	Year	China	US	EU (28)	Japan	Korea rep	Taiwan	ASEAN	Row
Output	2023	−2.78	1.35	1.77	1.66	1.07	0.77	1.54	1.56
	2030	−2.65	1.57	2.00	1.69	1.11	0.82	1.69	1.60
	2040	−2.95	1.91	2.31	1.93	1.08	1.09	2.15	1.94
Export	2023	−3.30	2.58	2.25	1.89	0.95	0.70	1.61	2.42
	2030	−3.13	3.18	2.55	1.93	0.96	0.75	1.75	2.45
	2040	−3.50	4.29	3.07	2.26	0.90	1.00	2.23	2.90
Import	2023	0.35	−0.82	0.18	−0.49	0.07	0.13	0.59	−0.32
	2030	0.38	−0.95	0.16	−0.43	0.11	0.18	0.70	−0.30
	2040	0.45	−1.24	0.00	−0.51	0.08	0.39	0.96	−0.35

Source(s): Author simulation