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Table 15 Aggregate industrial output

From: Global shocks and fiscal stimulus: a tale of an oil-dependent-exporting country

 

Robustness A

Robustness B

S1

S2

S3

S4

S5

S6

S7

S8

S1

S2

S3

S4

S5

S6

S7

S8

Agriculture

− 0.3

− 0.9

− 0.4

− 0.3

− 0.8

− 0.6

− 0.8

− 0.8

− 0.4

− 1.6

− 0.6

− 0.4

− 1.5

− 0.9

− 1.3

− 1.3

Crude

− 12.1

− 12.3

− 12.3

− 13.8

− 12.2

− 13.6

− 13.8

− 13.8

− 13.8

− 14.2

− 14.2

− 17.7

− 14.1

− 17.2

− 17.6

− 17.6

Solid Minerals

33.4

33.5

33.6

32.7

33.7

32.5

32.7

32.7

38.3

38.7

38.9

36.4

39

36

36.6

36.6

Refined Oil

6.2

6.7

6.6

5.4

6.7

5.2

5.5

5.5

7.1

8.1

7.8

5

8.2

4.6

5.3

5.3

Food-B-T

2.1

2.4

2.1

0.8

2.4

1.3

1.2

1.2

2.4

3.2

2.4

− 0.5

3.2

0.4

0.3

0.3

Clothing

30.9

28.1

28.3

25.4

28.1

27.8

25.3

25.3

35.3

28.8

29.2

22.4

28.8

27.8

22.1

22.1

Iron-M-S

23.5

22.9

22.9

21.6

22.9

22.2

21.6

21.6

26.8

25.3

25.4

22.2

25.5

23.7

22.2

22.2

Other Ind

14.7

16.2

16.1

15.6

16.3

14.3

15.8

15.8

16.6

20.3

19.9

18.7

20.3

15.6

19.1

19.1

Electricity

8.7

8.5

8.5

7

8.5

7.3

7.1

7.1

9.9

9.6

9.5

5.9

9.6

6.5

6.1

6.1

Other Utl

11.4

12.5

12.3

11.7

12.5

11.1

12

12

12.9

15.3

14.9

13.6

15.4

12.1

14

14

Cons-Cement

4.4

4.5

4.8

3.4

4.8

3.1

3.4

3.4

5

5.2

5.9

2.6

5.9

1.9

2.6

2.6

Trade

− 2.2

− 2.2

− 2.4

− 3.4

− 2.2

− 2.9

− 3.2

− 3.2

− 2.5

− 2.4

− 3

− 5.3

− 2.5

− 4.1

− 4.7

− 4.7

Transportation

0.4

0.7

0.7

− 0.7

0.8

− 0.8

− 0.6

− 0.6

0.4

1

0.8

− 2.4

1.1

− 2.5

− 2.1

− 2.1

Communication

− 0.3

− 0.5

− 0.7

− 1.6

− 0.5

− 0.9

− 1.4

− 1.4

− 0.3

− 0.9

− 1.3

− 3.4

− 0.9

− 1.8

− 2.9

− 2.9

Art-E-R

4.9

5.7

5.5

4.8

5.7

4.5

5

5

5.5

7.2

6.7

5.1

7.3

4.6

5.7

5.7

Fin-Ins

0.1

0.3

0.1

− 1.1

0.3

− 0.8

− 0.9

− 0.9

0.1

0.6

0

− 2.7

0.6

− 2

− 2.2

− 2.2

Real Estate

3.2

3.4

3

2.2

3.2

2.4

2.4

2.4

3.7

4

3.1

1.2

3.6

1.8

1.7

1.7

Education

8.8

8.4

8.3

7.5

8.4

8.1

7.6

7.6

10

9.1

8.9

6.9

9.1

8.2

7.1

7.1

Health

8

7.7

7.7

6.1

7.7

6.4

6.1

6.1

9.1

8.4

8.4

4.6

8.4

5.3

4.6

4.6

Other Services

0.9

0.8

0.7

− 0.1

0.9

0.2

0

0

1

1

0.6

− 1.3

1

− 0.6

− 1

− 1

Government

12.5

12.3

12.4

12.2

12.4

12.4

12.2

12.2

14.3

13.7

14

13.4

14.1

13.9

13.5

13.5

  1. S1 = CRD = Crude Oil shock, S2 = CRD-COV(C,S,M) = Crude & COVID (Consumption, Savings, Import) shocks, S3 = CRD-COV(S,M,P) = Crude & COVID (Savings, Import, Production) shocks, S4 = CRD-COV(S,M,P,E) = Crude & COVID (Savings, Import, Production, Employment) shocks, S5 = CRD-COV(S,M,P,C) = Crude & COVID (Savings, Import, Production, Consumption) shocks, S6 = CRD-COV(C,S,P,E) Crude & COVID (Consumption, Savings, Production, Employment) shocks, S7 = CRD-COV(C,S,P,E,M) = Crude & COVID (Consumption, Savings, Production, Employment, Import) shocks, S8 = CRD-COV(C,S,P,E,M)-F = Crude, COVID (Consumption, Savings, Production, Employment, Import) shocks, & Fiscal stimulus