China's Impact on Africa - the Role of Trade, FDI and Aid

We investigate the impact of Chinese activities in sub-Saharan African countries with respect to the growth performance of economies in that region. Using a Solow-type growth model and panel data for the period 1991 to 2011, we find that African economies that export natural resources have benefited from positive terms-of-trade effects. In addition, there is evidence for displacement effects of African firms due to competition from China. Chinese foreign investment and aid in Africa does not have an impact on growth.

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Year of publication:	2014
Authors:	Busse, Matthias ; Erdogan, Ceren ; Mühlen, Henning
Publisher:	Bochum : Ruhr-Universität Bochum, Institut für Entwicklungsforschung und Entwicklungspolitik (IEE)
Subject:	Auslandsinvestition \| Entwicklungshilfe \| Chinesisch \| Außenwirtschaftspolitik \| China \| Wirtschaftswachstum \| Subsahara-Afrika \| Sub-Saharan Africa \| Trade \| FDI \| Foreign aid \| Economic growth \| South-south cooperation

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Series:	IEE Working Papers ; 206
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
ISBN:	978-3-927276-92-5
Other identifiers:	816911924 [GVK] hdl:10419/183560 [Handle] RePEc:zbw:ieewps:206 [RePEc]
Classification:	F14 - Country and Industry Studies of Trade ; F23 - Multinational Firms; International Business ; F35 - Foreign Aid ; O47 - Measurement of Economic Growth; Aggregate Productivity
Source:	EconStor

Persistent link: https://www.econbiz.de/10011918494