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African trade dynamics: is China a different trading partner?

de Grauwe, Paul, Houssa, Romain and Piccillo, Giulia (2012) African trade dynamics: is China a different trading partner? Journal of Chinese Economic and Business Studies, 10 (1). pp. 15-45. ISSN 1476-5284

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Abstract

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.

Item Type: Article
Official URL: http://dx.doi.org/10.1080/14765284.2012.638460
Additional Information: © 2012 Taylor & Francis
Library of Congress subject classification: H Social Sciences > HC Economic History and Conditions
Journal of Economic Literature Classification System: F - International Economics > F1 - Trade
F - International Economics > F1 - Trade > F14 - Country and Industry Studies of Trade
O - Economic Development, Technological Change, and Growth > O5 - Economywide Country Studies > O55 - Africa
Sets: Departments > European Institute
Collections > Economists Online
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 05 Oct 2012 15:21
URL: http://eprints.lse.ac.uk/46621/

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