IDEAS home Printed from https://ideas.repec.org/a/taf/wjabxx/v23y2022i4p964-983.html
   My bibliography  Save this article

Does Chinese Foreign Direct Investment Improve the Welfare of Africans?

Author

Listed:
  • Philip Akrofi Atitianti
  • Qian Dai

Abstract

This paper assesses the impact of Chinese foreign direct investment (FDI) on welfare in African economies using recently available data on Chinese FDI in 52 African countries between 2003 and 2018. Using fixed effects and instrumental variable (IV) estimations, we find that Chinese FDI contributes significantly to the improvement of welfare in African countries. This positive impact also holds for the sub-sample of Sub-Saharan African (SSA) countries. The results are robust across the fixed effects and IV estimations when variables that affect welfare are controlled for. The findings suggest that China’s claim of a “win-win” aim for its rising investment in African countries may hold.

Suggested Citation

  • Philip Akrofi Atitianti & Qian Dai, 2022. "Does Chinese Foreign Direct Investment Improve the Welfare of Africans?," Journal of African Business, Taylor & Francis Journals, vol. 23(4), pages 964-983, October.
    • Handle: RePEc:taf:wjabxx:v:23:y:2022:i:4:p:964-983
    DOI: 10.1080/15228916.2021.1969192
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/15228916.2021.1969192
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/15228916.2021.1969192?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Helena Barnard & Kenneth Amaeshi & Paul M. Vaaler, 2023. "Theorizing international business in Africa: A roadmap," Journal of International Business Policy, Palgrave Macmillan, vol. 6(4), pages 389-407, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:wjabxx:v:23:y:2022:i:4:p:964-983. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/wjab20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.