China’s Impacts on SSA through the Lens of Growth and Exports / Yibin Mu, Chu Wang, Dong Frank Wu.

Format:

Book

Government document

Author/Creator:

Mu, Yibin.

Contributor:

Frank Wu, Dong.

Wang, Chu.

Series:

IMF Working Papers; Working Paper ; No. 2017/288

IMF Working Papers

Language:

English

Physical Description:

1 online resource (29 pages)

Edition:

1st ed.

Place of Publication:

Washington, D.C. : International Monetary Fund, 2017.

Summary:

The analysis of China’s impacts on the 44 SSA countries reveals that: (i) after joining the WTO in 2001, China has started to impact significantly on SSA growth: one-percent increase in China’s GDP per capita leads to 0.02 percent increase on the SSA’s GDP per capita; (ii) oil and investment-goods exporters benefit more from China’s growth; (iii) compared to China’s consumption, its investment growth acts as a more important channel in influencing SSA; (iv) exports to China, highly linked to China’s growth, is an important indicator for SSA’s exports. Our results call for SSA countries to be well prepared for China’s rebalancing given its growing economic influence and to proactively search a sustainable way to continuously enhance productivity.

Contents:

Cover

CONTENTS

ABSTRACT

I. INTRODUCTION

II. LITERATURE REVIEW

III. DATA AND METHODS

Data

Methods

IV. EMPIRICAL RESULTS

SSA' Growth

SSA' Goods Exports to the World

SSA' Goods Exports to China

V. CONCLUSION

REFERENCES

APPENDIX

FIGURES

Figure 1. Growth of GDP per capita: China vs the World

Figure 2. SSA's Exports and China's Growth

TABLES

Table 1 Simple correlations of Growth of GDP per capita with SSA

Table 2.1 Growth per capita of SSA countries and China's Growth (1994-2015 vs 2003-15)

Table 2.2 Growth per capita of SSA Sub-groups and China's Growth (2003-15)

Table 2.3 Growth per capita of SSA Sub-groups and China's Growth (2003-15)

Table 2.4 Growth per capita of SSA Sub-groups and China's Consumption and Investment (2003-15)

Table 3.1 Total Exports of SSA, Growth (2003-15)

Table 3.2 Total Exports of SSA Sub-groups, Growth (2003-15)

Table 3.3 Total Exports of SSA Sub-groups, Growth (2003-15)

Table 3.4 Total Exports of SSA Sub-groups, Growth (2003-15)

Table 4.1 Exports to China of SSA, Growth (2003-15)

Table 4.2 Exports to China of SSA Sub-groups, Growth (2003-15)

Table 4.3 Exports to China of SSA Sub-groups, Growth (2003-15)

APPENDIX TABLES

Table A1. Analytical Categorization of the Global Economy

Table A2. Analytical Categorization of SSA countries by Trade Ties with China

Table A3. Analytical Categorization of SSA Countries by AFR REO

Table A4. Analytical Categorization of SSA Countries by Papageorgiou and Xie (2016)

Table A5. Descriptive Statistics of Growth Regression (1994-2015)

Table A6. Descriptive Statistics of Growth Regression (2003-15)

Table A7. Descriptive Statistics of Exports Regression (2003-15).

Notes:

Description based on publisher supplied metadata and other sources.

ISBN:

9781484336311

1484336313

9781484336359

1484336356

OCLC:

1020025961