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

Table 3 The effect of GFC and shock transmission in intermediate goods and value-added (manufacturing industry)

From: Global and regional shock transmission: an Asian perspective

  JP CH KR TW SG MY TH ID PH US UK GR FR
Direct finished goods export shock ($ billion) − 112.2 − 72.2 − 14.6 − 21.0 − 9.5 − 9.0 − 10.5 − 1.2 − 1.9 − 104.1 − 43.6 − 134.1 − 46.0
Intermediate goods inducements ($ billion)
Transmission from the world* − 164.5 − 171.9 − 19.0 − 16.0 − 8.7 − 17.1 − 17.5 − 3.6 − 5.0 − 127.1 − 50.3 − 163.1 − 60.2
(Domestic absorption) − 150.3 − 132.1 − 11.8 − 12.4 − 2.6 − 11.4 − 12.5 − 0.8 − 3.1 − 96.1 − 38.4 − 130.2 − 46.4
Transmission to the world − 24.0 − 20.9 − 8.4 − 10.1 − 14.9 − 9.1 − 8.4 − 0.2 − 1.1 − 14.1 − 12.9 − 56.9 − 13.3
 Transmission to Asia − 13.7 − 11.2 − 5.1 − 7.4 − 9.5 − 6.2 − 6.3 − 0.2 − 0.8 − 6.0 − 2.5 − 10.4 − 1.7
Value-added inducements ($ billion)
Transmission from the world* − 108.6 − 74.0 − 14.4 − 18.7 − 5.0 − 6.6 − 8.6 − 2.4 − 2.1 − 113.1 − 42.4 − 115.7 − 45.7
(Domestic absorption) − 101.8 − 61.4 − 11.1 − 16.7 − 3.0 − 5.0 − 6.9 − 1.1 − 1.4 − 97.0 − 36.3 − 100.6 − 38.6
Transmission to the world − 9.0 − 8.5 − 3.0 − 3.8 − 5.8 − 3.4 − 3.1 − 0.1 − 0.4 − 5.9 − 5.2 − 19.4 − 5.5
 Transmission to Asia − 4.6 − 4.6 − 1.8 − 2.6 − 3.2 − 2.2 − 2.2 − 0.1 − 0.3 − 2.3 − 0.9 − 3.6 − 0.6
Intermediate goods transmission index (percent)
From the world** 20.7 21.7 2.4 2.0 1.1 2.2 2.2 0.4 0.6 16.0 6.3 20.6 7.6
To the world*** 16.0 15.9 71.0 82.0 573.4 79.3 67.1 24.2 34.8 14.6 33.5 43.7 28.6
 To Asia*** 9.1 8.5 43.4 59.9 364.5 54.2 49.9 18.3 25.5 6.2 6.6 8.0 3.7
Value-added transmission index (percent)
From the world** 13.7 9.3 1.8 2.4 0.6 0.8 1.1 0.3 0.3 14.3 5.3 14.6 5.8
To the world*** 8.9 13.9 27.0 23.0 193.3 69.3 44.9 7.6 27.4 6.1 14.3 19.2 14.3
 To Asia*** 4.5 7.6 16.0 15.6 107.4 44.3 32.4 6.0 18.6 2.4 2.5 3.6 1.5
  1. * Inducements transmitted from the world includes the domestic absorptions
  2. ** Transmission indices from the world are presented as percent of the World's direct finished goods export shock
  3. *** Transmission indices to the world and Asia are presented as percent of respective country's domestic absorption
  4. Source: authors’ calculation from UN Comtrade and YNU-GIO table