{"corpus_id":157727405,"paper_sha":"3fb03842e8cac6bed3d406861919312c860c75f8","doi":"10.1111/TWEC.12725","arxiv_id":null,"pmid":null,"pmcid":null,"mag_id":2620711792,"dblp_id":null,"acl_id":null,"title":"Propagation of changes in demand through international trade: A case study of China","year":2018,"publication_date":"2018-10-01","venue":"World Economics","journal":{"name":"The World Economy","pages":null,"volume":null},"journal_issn":null,"journal_title":null,"publication_types":[],"pubmed_pub_types":null,"s2_fields_of_study":["Economics"],"reference_count":31,"citation_count":7,"influential_citation_count":0,"is_open_access":true,"arxiv_categories":null,"arxiv_license":null,"arxiv_journal_ref":null,"mesh_headings":null,"chemicals":null,"comments_corrections":null,"source_flags":1,"s2_open_access_pdf_url":"https://www.econstor.eu/bitstream/10419/161619/1/888677375.pdf","s2_open_access_landing_url":"https://www.semanticscholar.org/paper/3fb03842e8cac6bed3d406861919312c860c75f8","s2_open_access_license":null,"s2_open_access_status":"GREEN","pmc_open_access_pdf_url":null,"pmc_open_access_landing_url":null,"pmc_open_access_license":null,"pmc_open_access_status":null,"unpaywall_open_access_pdf_url":null,"unpaywall_open_access_landing_url":null,"unpaywall_open_access_license":null,"unpaywall_open_access_status":null,"abstract":"China's economy, the second largest in the world, is undergoing a fundamental transition. Its transition from a strong focus on investment and exports towards a larger share of consumption could have important ramifications for China's trading partners. Using China as a case study, this paper deploys a sectoral input-output (IO) analysis to take into account higher-round spillovers from a reduction in import demand or a shift in the composition of the Chinese economy. This approach demonstrates strong indirect effects that exceed by far the initial shock from direct trade links, reflecting China's integration into a closely knit global value chain. 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