The share of the electrical equipment and machinery industry in APO member countries represents 22.0% of the total domestic value added (DVA) and 27.3% of the total foreign value added (FVA) in total exports in 2022. [...] For the ROC the relative ratio increased from 31% in 1990 to 76% of the income in the United States in 2019, in the case of the ROK from 31% to 69% respectively. [...] APO PRODUCTIVITY OUTLOOK 2024 | ELECTRICAL EQUIPMENT AND MACHINERY, GLOBAL VALUE CHAIN (GVC) AND KNOWLEDGE SPILLOVER | 11 TRENDS AND CHARACTERISTICS IN GVCS AND PRODUCTIVITY IN APO MEMBER COUNTRIES BOX 1: DEFINITION OF THE ELECTRICAL EQUIPMENT AND MACHINERY SECTOR The electrical equipment and machinery sector encompasses a broad range of compo- nents, and intermediate and final products involved i. [...] Source: Frederick and Gereffi [22], page 11 12 | APO PRODUCTIVITY OUTLOOK 2024 | ELECTRICAL EQUIPMENT AND MACHINERY, GLOBAL VALUE CHAIN (GVC) AND KNOWLEDGE SPILLOVER TRENDS AND CHARACTERISTICS IN GVCS AND PRODUCTIVITY IN APO MEMBER COUNTRIES For the purpose of this study and to simplify the analysis based on data availability, the scope will be narrowed down to the electrical equipment and machine. [...] As described in the first section, the goal of this report is to delineate the central importance of the GVC in the electrical equipment and machinery sector for APO member countries.
- Pages
- 210
- Published in
- Japan
