Africa’s Economic Growth Convergence: The Story of the China-Africa Trade

DOI

10.2991/assehr.k.201012.002How to use a DOI?

Keywords

Economic growth, China, Africa, Trade

Abstract

This study explored Africa’s economic growth convergence under the auspices of the China-Africa Trade relationship. The analytical framework was based on the on generalized estimating equations (GEE) and the Driscoll-Kraay (1998) estimator for 49 African countries over the period 1992 to 2017. The data analysis indicates that no evidence of unit root with cross-sectional dependence, but there was evidence of co-integration, which suggests that in the long-run the China-Africa trade relations in conjunction with population characteristics and investment in education and technology can be treated as the long-run forcing variables explaining economic growth in Africa. In addition, there is strong evidence of conditional growth convergence driven by factors such as the China-Africa trade relations, investment in education and technological innovation. The significance of the China-Trade relations on Africa’s potential to converge to higher-income state suggest the need to improve upon the trade policy arrangements between China and Africa.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Samuel Adams
AU  - Philip Adom
AU  - Isaac Kofi Mensah
PY  - 2020
DA  - 2020/10/12
TI  - Africa’s Economic Growth Convergence: The Story of the China-Africa Trade
BT  - Proceedings of the 1st Africa-Asia Dialogue Network (AADN) International Conference (AADNIC 2019)
PB  - Atlantis Press
SP  - 4
EP  - 13
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.201012.002
DO  - 10.2991/assehr.k.201012.002
ID  - Adams2020
ER  -