Can Chinese foreign direct investment promote industrialization in African countries?

Njangang, Henri and Chameni Nembua, Célestin and Nembot Ndeffo, Luc (2018): Can Chinese foreign direct investment promote industrialization in African countries?

Abstract

This paper investigates the relationship between Chinese foreign direct investment and industrialization for 41 African countries over the period 2003-2015. Based on System Generalized Method of Moments (GMM), empirical findings show that Chinese foreign direct investment did not significantly influence the industrialization process in African countries.

• Item Type: MPRA Paper
• Language: English
• Keywords: Chinese FDI, Industrialization, System GMM, Africa
• Subjects: F - International Economics > F2 - International Factor Movements and International Business > F21 - International Investment ; Long-Term Capital Movements; L - Industrial Organization > L6 - Industry Studies: Manufacturing > L60 - General; O - Economic Development, Innovation, Technological Change, and Growth > O5 - Economywide Country Studies > O55 - Africa

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