Arbeitspapier
Evaluating international impacts of China-specific shocks in an input-output framework
The slowing in China's massive economy has wide implications. China plays an essential role in international production chains, so disturbances can spill over to other economies in the global production network. We evaluate the international transmission and impact of various China-specific shocks with an input-output framework applied to the World Input-Output Database (WIOD). We consider shocks to Chinese final demand at the aggregate level, bilateral import tariffs between the US and China and sector-specific shocks to Chinese final demand and supply. Our results suggest that aggregate level shocks, as well as certain sector-specific shocks originating in China, may have large impacts elsewhere. Transmission of shocks through the global production network, however, is mitigated by the relatively low import-intensity of Chinese production.
- ISBN
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978-952-323-292-1
- Language
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Englisch
- Bibliographic citation
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Series: BOFIT Discussion Papers ; No. 17/2019
- Classification
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Wirtschaft
Input-Output Models
Empirical Studies of Trade
Economic Growth of Open Economies
- Subject
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Chinese economy
shock transmission
input-output
international production network
- Event
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Geistige Schöpfung
- (who)
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Simola, Heli
- Event
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Veröffentlichung
- (who)
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Bank of Finland, Institute for Economies in Transition (BOFIT)
- (where)
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Helsinki
- (when)
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2019
- Handle
- Last update
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10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Simola, Heli
- Bank of Finland, Institute for Economies in Transition (BOFIT)
Time of origin
- 2019
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HYBRID INTERREGIONAL INPUT-OUTPUT CONSTRUCTION METHODS: APPLIED TO THE SEVEN REGION SPANISH INPUT-OUTPUT TABLE
Income differences and input-output structure
Metropolitan Multiregional Input-Output Modelling Framework
Technology-intensive industries - Input-output analysis
Technology adoption in input-output networks
Supply-Use and Input-Output Tables
Methodology of the input-output analysis
Data input/output
Input-Output OOMs
Relations Input-Output
Input-Output Methods in Forecasting
What is input output logic? : input/output logic, constraints, permissions
HYBRID INTERREGIONAL INPUT-OUTPUT CONSTRUCTION METHODS: APPLIED TO THE SEVEN REGION SPANISH INPUT-OUTPUT TABLE
Income differences and input-output structure
Metropolitan Multiregional Input-Output Modelling Framework
Technology-intensive industries - Input-output analysis
Technology adoption in input-output networks
Supply-Use and Input-Output Tables