Showing 1 - 10 of 667
China's increased trade with and investment in Africa have boosted the continent's economic growth but have also … generated considerable controversy. In this paper we investigate China's outward direct investment ODI in Africa using macro and … registered Chinese firms investing in Africa between 1998 and 2012. We use key words in project descriptions to code the …
Persistent link: https://www.econbiz.de/10011485198
For the past nearly forty years, China has experienced average annual real GDP growth of close to ten percent, much of it driven by investment and capital accumulation. By 2014, gross capital formation had reached 46 percent of aggregate expenditures. This paper documents the role of investment...
Persistent link: https://www.econbiz.de/10011659322
The investment-intensive growth model of the People's Republic of China (PRC) is often viewed as state-driven and ultimately unsustainable. But largely unnoticed, a shift has taken place. This paper examines the changes in investment patterns since 2003 and the potential impact of industrial...
Persistent link: https://www.econbiz.de/10011657882
. Using foreign direct investment (FDI) as a measure for capital flows, we present empirical evidence which largely confirms …
Persistent link: https://www.econbiz.de/10003299332
Cross-country regressions suggest that urbanization and FDI are important drivers of growth. However, it is not clear … provide detailed evidence on the determinants of outward FDI from the US. FDI is higher in countries that are close to the US … substantial natural resource exports. Countries also attract more FDI if they have more medium-sized cities and primacy is not too …
Persistent link: https://www.econbiz.de/10003790984
Persistent link: https://www.econbiz.de/10003499558
threshold effects of foreign direct investment (FDI) in the relationship between growth and inequality by applying the standard … significantly influenced by a single threshold in FDI: for FDIi>ô, economic growth and inequality can have an inverse relationship …
Persistent link: https://www.econbiz.de/10010531112
This article investigates how the legacy of colonization shapes the impact of inward FDI on employment in the Chinese …-15. We find that inward FDI significantly promotes employment and that this relationship is stronger in regions once …, relationship between FDI and employment. These findings are robust to controlling for the length and intensity of colonization, as …
Persistent link: https://www.econbiz.de/10011863590
proffer and explore the proposition that South Africa could serve as the gateway for harnessing MNC geese flying from third … African gateways are emerging as alternatives to South Africa. And some SACU governments would prefer to build regional value … South Africa, may not attract many world leading MNCs since their markets are small, but could attract smaller regional …
Persistent link: https://www.econbiz.de/10011457940
Chinese aid comes with few strings attached, allowing recipient country leaders to use it for domestic political purposes. The vulnerability of Chinese aid to political capture has prompted speculation that it may be economically ineffective, or even harmful. We test these claims by estimating...
Persistent link: https://www.econbiz.de/10012033099