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We establish the following stylized facts: (1) Exports are characterized by Big Hits, (2) the Big Hits change from one period to the next, and (3) these changes are not explained by global factors like global commodity prices. These conclusions are robust to excluding extractable products (oil...
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significant Chinese FDI flows into these countries, accounting for up to 10% of total inward FDI flows for certain countries in … inward FDI. We follow Solow (1957), Dennison (1962), and others and use data for individual economies between 1990 and 2008 … thirteen Sub-Saharan African countries excluding Chinese FDI inflows for 2005-2007 and also 2003-2009. Our individual results …
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