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Can Chinese foreign direct investment promote industrialization in African countries?

Author

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  • Njangang, Henri
  • Chameni Nembua, Célestin
  • Nembot Ndeffo, Luc

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.

Suggested Citation

  • Njangang, Henri & Chameni Nembua, Célestin & Nembot Ndeffo, Luc, 2018. "Can Chinese foreign direct investment promote industrialization in African countries?," MPRA Paper 89726, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:89726
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    References listed on IDEAS

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    Cited by:

    1. Ibrahim Ngouhouo & Etah Ivo Ewane, 2020. "The Effects of Foreign Direct Investments on Industrialization: A Comparative Approach between the Franc and the Non-Franc Zone," Asian Journal of Economic Modelling, Asian Economic and Social Society, vol. 8(2), pages 123-132, June.
    2. Valentine Soumtang Bime & Dieudonné Mignamissi & Agathe Cassandra Koumis Ngagni, 2024. "Does financial openness matter for economic transformation in sub-Saharan Africa?," Economic Change and Restructuring, Springer, vol. 57(2), pages 1-49, April.

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    More about this item

    Keywords

    Chinese FDI; Industrialization; System GMM; Africa;
    All these keywords.

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa

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