Gold, Kafilah Lola (2022) The determinant of Chinese foreign direct investments in oil exporting African countries. Contemporary Economic Policy, 40 (3). pp. 476-490. DOI https://doi.org/10.1111/coep.12568.
Full text not available from this repository.Abstract
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.
| Item Type: | Article |
|---|---|
| Funders: | Tertiary Education Trust Fund [Grant No: TETF/DR&D/COE/ILORIN/IBR/2020/VOL] |
| Uncontrolled Keywords: | China-Africa; Foreign direct investment; Institutions; Oil; Minerals; Trade |
| Subjects: | H Social Sciences > HB Economic Theory H Social Sciences > HJ Public Finance |
| Divisions: | Faculty of Business and Economics |
| Depositing User: | Ms. Juhaida Abd Rahim |
| Date Deposited: | 28 Sep 2023 13:26 |
| Last Modified: | 28 Sep 2023 13:26 |
| URI: | http://eprints.um.edu.my/id/eprint/42990 |
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