Understanding China's move into Africa: an empirical analysis

Mario Biggeri · Marco Sanfilippo

152 citations0/0 files storedJournal of Chinese Economic and Business Studies

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

International Development and Aid International Business and FDI China's Global Influence and Migration

Abstract

An important new issue on the international scene is the upsurge in market and non-market South–South relations. The aim of this paper is to understand the dynamics that lie behind the recent Chinese move into Africa by empirically exploring the determinants of Sino-African relationships. In order to have a comprehensive picture, the analysis takes into consideration the main channels of commercial and political interactions: outward foreign direct investment (OFDI), trade and aid (international economic cooperation). The empirical analysis utilises a panel data set, from 1998 to 2005, for 43 African countries. The econometric estimates for three simultaneous equations are based on an instrumental variables method. Results show that the Chinese move into Africa is driven by strategic interaction among the three channels (FDI, trade and economic cooperation) as well as by pull factors, i.e. the characteristics of the receiving countries in terms of natural resource endowments and their market potential.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 152 citations exist upstream.

References

1988China statistical yearbook 1966International Investment and International Trade in the Product Cycle 1995Multinational Enterprises and the Global Economy.2007The determinants of Chinese outward foreign direct investment 1981Panel data and unobservable individual effects 1981Panel Data and Unobservable Individual Effects 2002On the Determinants of Foreign Direct Investment to Developing Countries: Is Africa Different?2006Foreign Direct Investment in Africa: The Role of Natural Resources, Market Size, Government Policy, Institutions and Political Instability

Cited by

2009Do Chinese Exports Crowd-out African Goods? An Econometric Analysis by Country and Sector 2013Chinese Outward Direct Investment Research: Theoretical Integration and Recommendations 2010Chinese FDI to Africa: What Is the Nexus with Foreign Economic Cooperation?*2014Chinese Engagement in Africa: Drivers, Reactions, and Implications for U.S. Policy 2010The effects of the financial crisis on Sub-Saharan Africa

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.