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The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)

Table 5 The effects of a 15% decrease in crude oil domestic prices

From: The effects of external shocks on the Korean economy: CGE model-based analysis

− 15%

Output (%)

VA (%)

Price (%)

Export (%)

Import (%)

S01

1.277

2.430

1.094

− 3.912

1.504

S02

− 0.467

0.929

1.701

− 6.692

1.674

S03

25.471

26.666

1.188

N/A

51.080

S04

− 0.441

0.452

1.219

N/A

1.641

S05

0.397

2.475

0.346

− 0.868

0.891

S06

0.544

2.013

1.395

− 3.790

2.022

S07

0.894

2.613

0.386

− 0.594

1.084

S08

36.607

54.740

− 17.221

103.171

− 13.663

S09

0.253

3.053

− 0.304

1.127

− 0.582

S10

− 15.984

− 15.304

3.829

− 21.054

− 2.888

S11

− 3.706

− 2.629

2.502

− 9.092

2.612

S12

− 3.818

− 2.705

3.066

− 9.182

4.127

S13

− 2.872

− 1.442

1.398

− 7.501

− 1.501

S14

1.989

4.530

− 0.107

2.415

1.867

S15

1.653

3.685

0.248

0.678

1.780

S16

3.576

5.352

0.779

0.496

3.986

S17

10.460

12.389

1.203

5.435

11.129

S18

4.319

9.301

− 2.795

12.813

− 0.418

S19

2.799

3.643

1.888

− 4.109

4.117