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

Table 5 The effect of GFC and shock transmission in intermediate goods and value-added (transport equipment 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) − 61.0 − 5.7 − 8.3 − 0.2 − 0.1 0.3 − 3.6 − 0.3 0.3 − 71.4 − 13.9 − 59.6 − 17.3
Intermediate goods inducements ($ billion)
Transmission from the world* − 99.9 − 25.5 − 9.5 − 1.0 − 1.0 − 0.9 − 6.1 − 0.9 0.0 − 82.1 − 20.8 − 86.0 − 26.2
(Domestic absorption) − 94.7 − 10.8 − 7.2 − 0.1 0.0 0.4 − 4.5 − 0.1 0.5 − 69.1 − 15.6 − 70.2 − 20.3
Transmission to the world − 15.7 − 1.8 − 5.2 − 0.1 − 0.2 0.3 − 3.2 0.0 0.2 − 10.3 − 5.4 − 30.8 − 6.0
 Transmission to Asia − 9.0 − 0.8 − 2.8 0.0 − 0.1 0.2 − 2.4 0.0 0.1 − 4.3 − 1.0 − 5.1 − 0.8
Value-added inducements ($ billion)
Transmission from the world* − 56.8 − 9.5 − 7.2 − 0.6 − 0.5 − 0.3 − 2.8 − 0.7 0.1 − 72.7 − 13.4 − 47.9 − 17.0
(Domestic absorption) − 54.5 − 4.8 − 6.2 − 0.1 0.0 0.1 − 2.3 − 0.3 0.2 − 66.3 − 10.9 − 41.6 − 14.1
Transmission to the world − 5.7 − 0.7 − 1.8 0.0 − 0.1 0.1 − 1.2 0.0 0.1 − 4.3 − 2.1 − 10.1 − 2.4
 Transmission to Asia − 3.0 − 0.3 − 1.0 0.0 0.0 0.1 − 0.9 0.0 0.1 − 1.6 − 0.4 − 1.7 − 0.3
Intermediate goods transmission index (percent)
From the world** 31.9 8.1 3.0 0.3 0.3 0.3 2.0 0.3 0.0 26.2 6.6 27.4 8.4
To the world*** 10.5 1.4 43.7 0.6 6.5 − 2.6 25.1 4.6 − 5.9 10.7 14.1 23.7 13.0
 To Asia*** 6.0 0.6 24.1 0.4 3.1 − 1.7 19.3 4.1 − 4.4 4.5 2.7 3.9 1.6
Value-added transmission index (percent)
From the world** 18.1 3.0 2.3 0.2 0.1 0.1 0.9 0.2 0.0 23.2 4.3 15.3 5.4
To the world*** 5.6 1.1 16.4 0.2 2.2 − 2.2 16.9 1.2 − 5.1 4.4 5.9 10.1 6.3
 To Asia*** 2.9 0.6 8.9 0.1 1.0 − 1.3 12.7 1.1 − 3.7 1.7 1.0 1.7 0.7
  1. See Table 3
  2. Source: authors’ calculation from UN Comtrade and YNU-GIO table