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Can Chinese foreign direct investment promote industrialization in African countries?

Henri Njangang, Célestin Chameni Nembua and Luc Nembot Ndeffo

MPRA Paper from University Library of Munich, Germany

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.

Keywords: Chinese FDI; Industrialization; System GMM; Africa (search for similar items in EconPapers)
JEL-codes: F21 L60 O55 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-int
Date: 2018-10-26
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