African Economy

Growth by polish (where you trade matters): Trade with mainland china and ingathering in African countries* Mina Baliamoune-Lutz Professor and kip Fellow of Economics University of North Florida And look for Fellow, ICER (Italy) Email: mbaliamo@unf.edu indite 1.1 (August 28, 2010) Abstract I perform Arellano-Bond GMM estimations using panel data everywhere the period 1995-2008 and explore the growth effects of Africas contend with china, distinguishing between the effect of imports and the effect of trades, and controlling for the role of export concentration. Four important results are obtained from the empirical analysis. First, in that respect is no empirical evidence that exports to China enhance growth unconditionally. Second, the results counsel that export concentration enhances the growth effects of merchandise to China, implying that countries which export one major commodity to China good much (in terms of growth) than do countries that have got more alter exports. Third, perverse to the widely held view that increasing imports from China would have a negative effect, the empirical results show that the share of China in a countrys total imports has a hardy positive effect on growth. Finally, the evidence suggests that there is an inverted-U descent between exports to developed countries and growth in Africa.

Overall, the results be to go forth support for the hypothesis of growth by destination (i.e., that where a country exports matters for the exporting countrys growth and development). I draw on these findings to outline whatever policy implicat ions. JEL mixed bag: F1, F41, O2, O4 ! This paper is a begin of an ongoing research on the contribution of trade to semipermanent growth and development. A more extensive study entitle development by destination versus development by ancestor: theory and evidence on how trade may regard development patterns is in Baliamoune-Lutz (forthcoming). I am grateful to the global Center for Economic Research (ICER),...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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