African trade dynamics: is China a different trading partner?

Autor: Giulia Piccillo, Romain Houssa, Paul De Grauwe
Jazyk: angličtina
Rok vydání: 2012
Předmět:
Zdroj: Journal of Chinese Economic and Business Studies, 10(1), 15-45. Routledge/Taylor & Francis Group
ISSN: 1476-5292
1476-5284
DOI: 10.1080/14765284.2012.638460
Popis: 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.
Databáze: OpenAIRE