The determinant of Chinese foreign direct investments in oil exporting African countries

The observed presence of China in the top 18 oil/minerals exporting countries in Africa warrants special interest, as the engagement has extended considerably to appear as an influential, hitherto questionable, South-South cooperation. In this study, the determinants of China's Foreign direct i...

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第一著者: Gold, Kafilah Lola
フォーマット: 論文
出版事項: Wiley 2022
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オンライン・アクセス:http://eprints.um.edu.my/42990/
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要約:The observed presence of China in the top 18 oil/minerals exporting countries in Africa warrants special interest, as the engagement has extended considerably to appear as an influential, hitherto questionable, South-South cooperation. In this study, the determinants of China's Foreign direct investment (FDI) stock and flow from 2003 to 2017 is examined using Ordinary least squares (OLS), generalized least squares (GLS) and Instrumental Variable 2-Stage Least Squares techniques. The results indicate that oil/minerals and agricultural imports facilitate more FDI, and political instability spurs more FDI. Overall, this study recommends that policymakers should enhance trade policies to improve the sustainability of China-Africa engagement.