Can Chinese foreign direct investment promote industrialization in African countries?
Célestin Chameni Nembua and
Luc Nembot Ndeffo
MPRA Paper from University Library of Munich, Germany
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)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:89726
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