African trade dynamics: is China a different trading partner?
Paul De Grauwe,
Romain Houssa and
Giulia Piccillo
Journal of Chinese Economic and Business Studies, 2012, vol. 10, issue 1, 15-45
Abstract:
This paper employs the standard gravity model to identify the quality of governance of China's African trade partners. As a benchmark, we perform the same analysis on other major African trade partners: France, Germany, UK, and USA. Data from 53 African countries in 1996--2009 show that only China is consistently willing to import more from African countries with a lower governance standing. By doing so; China fills a gap left open by the other major world economies, and might even play a key role in the future development of Africa.
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:taf:jocebs:v:10:y:2012:i:1:p:15-45
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DOI: 10.1080/14765284.2012.638460
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