TY - JOUR
T1 - African trade dynamics: is China a different trading partner?
AU - de Grauwe, Paul
AU - Houssa, Romain
AU - Piccillo, Giulia
PY - 2012/2/1
Y1 - 2012/2/1
N2 - 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.
AB - 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.
KW - Africa
KW - China
KW - trade
UR - http://www.scopus.com/inward/record.url?scp=84857216544&partnerID=8YFLogxK
U2 - 10.1080/14765284.2012.638460
DO - 10.1080/14765284.2012.638460
M3 - Article
AN - SCOPUS:84857216544
SN - 1476-5284
VL - 10
SP - 15
EP - 45
JO - Journal of Chinese Economic and Business Studies
JF - Journal of Chinese Economic and Business Studies
IS - 1
ER -