Open Journal of Applied Sciences

Volume 10, Issue 4 (April 2020)

ISSN Print: 2165-3917   ISSN Online: 2165-3925

Google-based Impact Factor: 0.85  Citations  h5-index & Ranking

The Impact of Chinese Trade and Investment on West African Economic Growth: A Spatial Econometrics Approach

HTML  XML Download Download as PDF (Size: 281KB)  PP. 142-153  
DOI: 10.4236/ojapps.2020.104012    212 Downloads   411 Views  

ABSTRACT

This paper has studied the West African region or Economic Community of West African States (ECOWAS) which includes fifteen countries and its relationship with China. Three countries (Cote d’Ivoire, Ghana, and Nigeria) of the fifteen countries which are economically representative in the west African region to represent the overall-region were studied. Therefore, the objective of this study is to investigate the spatial effect of Chinese trade and investment on the economic growth of West Africa. The study focuses on the period from 1960-2014 using the dynamic panel data approach and spatial autoregressive approach for the econometric analysis of this topic. Empirically, the results show that trade openness with China has a positive impact on the neighboring countries of the region, especially for those who share the same border. Chinese investment is vital to the region’s economic growth as the results show that one dollar investment increase from China to the host country increases the economic growth in the neighboring countries by 0.328%.

Share and Cite:

Koffi, H. (2020) The Impact of Chinese Trade and Investment on West African Economic Growth: A Spatial Econometrics Approach. Open Journal of Applied Sciences, 10, 142-153. doi: 10.4236/ojapps.2020.104012.

Cited by

No relevant information.

Copyright © 2020 by authors and Scientific Research Publishing Inc.

Creative Commons License

This work and the related PDF file are licensed under a Creative Commons Attribution 4.0 International License.