CONFIG_KVM_EXIT_TIMING is not available for thedefaultarchitecture x86.
Result is shown for architecture powerpc

Detailed exit timing

modulename: timing.ko

configname: CONFIG_KVM_EXIT_TIMING

Linux Kernel Configuration
└─>Virtualization
└─>Detailed exit timing
In linux kernel since version 2.6.29 (release Date: 2009-03-23)  
Calculate elapsed time for every exit/enter cycle. A per-vcpu
report is available in debugfs kvm/vm#_vcpu#_timing.
The overhead is relatively small, however it is not recommended for
production environments.

If unsure, say N.

source code: