Abstract
ABSTRACT This study examines the impact of changes in the Chinese exchange rate on Korean exports considering the characteristics of products exported. We use import data from OECD countries from 2002 to 2014 and find that Korea’s exports of products having a greater competition further decline as renminbi depreciates. On the other hand, Korean exports of products having a greater complementarity degree with Chinese are more likely to increase as renminbi depreciates. In addition, the degree of negative impacts become smaller once Korean export products have a relatively higher quality than those of China.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
