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

被引:79
|
作者
Busse, Matthias [1 ]
Erdogan, Ceren [1 ]
Muehlen, Henning [2 ]
机构
[1] Ruhr Univ Bochum, Fac Management & Econ, Chair Int Econ, GC 3-145,Univ Str 150, D-44780 Bochum, Germany
[2] Univ Hohenheim, Inst Econ, Econ Int Econ, Stuttgart, Germany
关键词
SUB-SAHARAN AFRICA; OUTWARD DIRECT-INVESTMENT; FOREIGN DIRECT-INVESTMENT; GROWTH; EMPIRICS; GMM;
D O I
10.1111/kykl.12110
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper investigates 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 2010, 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. On the other hand, Chinese foreign investment and aid in Africa does not appear to have a significant impact on African growth.
引用
收藏
页码:228 / 262
页数:35
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