Research Article
Implications of the Global Financial Crisis for China: A Dynamic CGE Analysis to 2020
Table 10
Cumulative difference in output, extended financial crisis relative to financial crisis, China and selected countries, 2020 (%).
| | China | Japan | US | EU27 | World’s total |
| Crops | −0.6 | −0.4 | −1.1 | −1.7 | −1.6 | Animals | −1.0 | −1.2 | −1.7 | −2.6 | −2.2 | Food processing | −1.6 | −1.7 | −1.9 | −2.5 | −2.5 | Forestry and extraction | −0.5 | −0.8 | −1.1 | −1.6 | −2.1 | Light manufactures | −2.5 | 4.4 | −0.9 | −3.0 | −2.4 | Heavy manufactures | −1.6 | 2.4 | −1.5 | −3.4 | −2.3 | Construction | 3.6 | −2.0 | −0.7 | −2.6 | −2.0 | Services | −2.2 | −1.8 | −1.9 | −2.9 | −2.8 |
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