Series: IMF Working Papers
Author(s): Dongyeol Lee
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 24 May 2019
Keywords: External shocks, Economic stabilization, Economic growth, Business cycles, Industrial structure, Business Cycle, Comovement, Trade Linkage, Vertical Linkage, Korean economy
Through the 2000s, Korea's export and import linkages to advanced and emerging markets increased significantly. At the same time, the correlation of output growth between Korea and these economies rose. This paper...