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

Kafilah Lola Gold

doi:10.1111/coep.12568

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

Kafilah Lola Gold

Kwara State College of Education
University of Malaya

Research output: Contribution to journal › Article › peer-review

7 Citations (Scopus)

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.

Original language	English
Pages (from-to)	476-490
Number of pages	15
Journal	Contemporary Economic Policy
Volume	40
Issue number	3
DOIs	https://doi.org/10.1111/coep.12568
Publication status	Published - Jul 2022
Externally published	Yes

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 10 Reduced Inequalities
SDG 17 Partnerships for the Goals

Keywords

China–Africa
foreign direct investment
institutions
oil/minerals
trade

ASJC Scopus subject areas

General Business,Management and Accounting
Economics and Econometrics
Public Administration

Access to Document

10.1111/coep.12568

Cite this

@article{3ca2298da71a4ee7aec3a76727104968,

title = "The determinant of Chinese foreign direct investments in oil exporting African countries",

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.",

keywords = "China–Africa, foreign direct investment, institutions, oil/minerals, trade",

author = "Gold, \{Kafilah Lola\}",

note = "Publisher Copyright: {\textcopyright} 2022 Western Economic Association International.",

year = "2022",

month = jul,

doi = "10.1111/coep.12568",

language = "English",

volume = "40",

pages = "476--490",

journal = "Contemporary Economic Policy",

issn = "1074-3529",

publisher = "Wiley-Blackwell Publishing Ltd",

number = "3",

}

TY - JOUR

T1 - The determinant of Chinese foreign direct investments in oil exporting African countries

AU - Gold, Kafilah Lola

PY - 2022/7

Y1 - 2022/7

N2 - 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.

AB - 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.

KW - China–Africa

KW - foreign direct investment

KW - institutions

KW - oil/minerals

KW - trade

UR - https://www.scopus.com/pages/publications/85125854434

U2 - 10.1111/coep.12568

DO - 10.1111/coep.12568

M3 - Article

AN - SCOPUS:85125854434

SN - 1074-3529

VL - 40

SP - 476

EP - 490

JO - Contemporary Economic Policy

JF - Contemporary Economic Policy

IS - 3

ER -

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

Abstract

UN SDGs

Keywords

ASJC Scopus subject areas

Access to Document

Other files and links

Fingerprint

Cite this