Download or read book The Time-Varying Impact of China's Economic Re-Balancing on Korea's Exports to China written by Hyunju Kang and published by . This book was released on 2018 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: While China seeks to shift from exports to consumption-oriented economy and increase the self-sufficiency rate of exports, this study uses time-varying parameter vector autoregression (TVP-VAR) to examine the impact of economic structural changes in China on Korea's exports to China over time. The result suggests that the impact of China's export shocks on Korea's exports has weakened, which demonstrates the slow-down in regional production fragmentation, considering that the Korea's export goods are mainly intermediate goods. Instead, the influence of China's domestic demand shock on Korea's exports has expanded, which implies that China has become increasingly the final destination of intermediate goods made in Korea.