腐败、中国投资和贸易：来自非洲的证据

IF 1.2 Q3 BUSINESS, FINANCE

Journal of Emerging Market Finance Pub Date : 2022-02-08 DOI:10.1177/09726527221073981

V. Tawiah, J. Kebede, Anthony K. Kyiu

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引用次数: 6

摘要

我们调查东道国的腐败是否推动了中国与非洲经济接触的不同途径。利用49个非洲国家2000-2008年的数据，我们发现腐败对中国与非洲接触的每条途径都有不同的影响。非洲的腐败与来自中国的外国直接投资显著负相关，但与贸易和建筑业显著正相关。通过将中非金融接触分解为不同的途径，我们表明腐败与中国在非洲的存在之间的关系因接触的性质而异。JEL代码：F21、F23

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Corruption, Chinese Investment, and Trade: Evidence from Africa

We investigate whether corruption in host countries drives the different routes of Chinese economic engagement with Africa. Using data from 49 African countries for 2000–2018, we find that corruption affects each route of China’s engagement with Africa differently. Corruption in Africa is significantly negatively associated with FDI from China, but significantly positive with both trade and construction. These relationships are moderated by the availability of natural resources but do not change after the implementation of the Xi Jinping anti-corruption campaign. By disaggregating China–Africa financial engagement into its different routes, we demonstrate that the relationship between corruption and China’s presence in Africa varies with the nature of the engagement. JEL Codes: F21, F23

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来源期刊

Journal of Emerging Market Finance BUSINESS, FINANCE-

CiteScore

1.80

自引率

33.30%

发文量

期刊介绍： The Journal of Emerging Market Finance is a forum for debate and discussion on the theory and practice of finance in emerging markets. While the emphasis is on articles that are of practical significance, the journal also covers theoretical and conceptual aspects relating to emerging financial markets. Peer-reviewed, the journal is equally useful to practitioners and to banking and investment companies as to scholars.