Table 7 The cumulative impact of the... | Emerald Publishing

Table 7

The cumulative impact of the implementation of the Chips Act in 2040 on the forward and backward decomposition of the electronics industry GVC relative to the baseline scenario (%)

		China	US	EU(28)	Japan	Korea rep	Taiwan	ASEAN	Row
Forward	Domestic Value Add	0.53	−0.61	−0.42	−0.19	0.00	0.00	−0.08	−0.19
	Traditional Trade	−0.23	0.19	0.14	−0.02	0.07	0.04	0.01	−0.01
	Simple participation	−0.23	0.23	0.19	0.16	0.22	0.17	0.18	0.09
	Complex participation	−0.06	0.19	0.10	0.04	−0.29	−0.21	−0.11	0.11
Backward	Domestic Value Add	0.29	−0.22	−0.20	−0.07	0.00	0.00	0.01	0.13
	Traditional Trade	−0.49	0.40	0.30	0.23	0.17	0.11	0.22	0.05
	Simple participation	0.15	−0.20	−0.18	−0.15	−0.05	0.00	−0.10	−0.12
	Complex participation	0.05	0.02	0.07	−0.01	−0.12	−0.11	−0.13	−0.06

		China	US	EU(28)	Japan	Korea rep	Taiwan	ASEAN	Row
Forward	Domestic Value Add	0.53	−0.61	−0.42	−0.19	0.00	0.00	−0.08	−0.19
	Traditional Trade	−0.23	0.19	0.14	−0.02	0.07	0.04	0.01	−0.01
	Simple participation	−0.23	0.23	0.19	0.16	0.22	0.17	0.18	0.09
	Complex participation	−0.06	0.19	0.10	0.04	−0.29	−0.21	−0.11	0.11
Backward	Domestic Value Add	0.29	−0.22	−0.20	−0.07	0.00	0.00	0.01	0.13
	Traditional Trade	−0.49	0.40	0.30	0.23	0.17	0.11	0.22	0.05
	Simple participation	0.15	−0.20	−0.18	−0.15	−0.05	0.00	−0.10	−0.12
	Complex participation	0.05	0.02	0.07	−0.01	−0.12	−0.11	−0.13	−0.06

Source(s): Author simulation