Factors Driving Chinese Outward Foreign Direct Investment in Nigeria.
Student: Nzubechi Lucy Michael (Project, 2025)
Department of Economics
Nnamdi Azikiwe University, Awka, Anambra State
Abstract
ABSTRACT
China’s outward Foreign Direct Investment (FDI) to Africa has increase greatly over the years. This increase is accompanied by debates as to the factors driving the growth of this investment. This study explored the factors driving Chinese outward FDI in Africa using data on 35 African countries from 2003-2022. Employing ordinary least square and generalized method of moment in addition to second generation cointegration and series stationarity test, the study results show china’s resource imports from Africa, China’s export to Africa, GDP per capita, Africa’s resource endowment and political stability to have a positive and significant impact on corruption level in Africa. The study finds inflation and corruption to have no significant impact on Chinese outward FDI. In line with the findings from the study, policy options were recommended to help improve the level of China’s outward FDI coming to Africa.
Keywords
For the full publication, please contact the author directly at: nzubechimichael2019@gmail.com
Filters
Institutions
- HASSAN USMAN KATSINA POLYTECHNIC (NCE), KATSINA, KATSINA STATE 4
- Hassan Usman Katsina Polytechnic, Katsina, Katsina State 5
- Heritage Polytechnic, Ikot Udota, Akwa Ibom State 46
- Hussaini Adamu Federal Polytechnic, Kazaure, Jigawa State 8
- Ibrahim Badamasi Babangida University, Lapai, Niger State 24
- Igbinedion University, Okada, Benin City, Edo State 2
- Ignatius Ajuru University of Education, Port Harcourt, Rivers State 8
- Imo State Polytechnic, Umuagwo, Owerri, Imo State 3
- Imo State University, Owerri, Imo State 45
- Institute of Management and Technology, Enugu, Enugu State 11