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The Contribution of Chinese FDI to Africa's Pre Crisis Growth Surge

Weisbrod, Aaron - 2011

In the 3 years before the 2008 Financial Crisis, GDP growth in sub Saharan Africa (averaged over individual economies … small, portion of the elevated growth in sub Saharan Africa in the three years before the Financial Crisis and also in the …

Persistent link: https://www.econbiz.de/10013119043

Migrants, Ancestors, and Investments

Burchardi, Konrad - 2016

We use 130 years of data on historical migrations to the United States to show a causal effect of the ancestry composition of US counties on foreign direct investment (FDI) sent and received by local firms. To isolate the causal effect of ancestry on FDI, we build a simple reduced-form model of...

Persistent link: https://www.econbiz.de/10013001782

Do Better Schools Lead to More Growth? Cognitive Skills, Economic Outcomes, and Causation

Hanushek, Eric A. - 2010

We provide evidence that the robust association between cognitive skills and economic growth reflects a causal effect of cognitive skills and supports the economic benefits of effective school policy. We develop a new common metric that allows tracking student achievement across countries, over...

Persistent link: https://www.econbiz.de/10012758020

What Does the Yield Curve Tell Us About GDP Growth?

Ang, Andrew - 2010

A lot, including a few things you may not expect. Previous studies find that the term spread forecasts GDP but these regressions are unconstrained and do not model regressor endogeneity. We build a dynamic model for GDP growth and yields that completely characterizes expectations of GDP. The...

Persistent link: https://www.econbiz.de/10012762604

Is Trade Good or Bad for the Environment? Sorting Out the Causality

Frankel, Jeffrey A.; Rose, Andrew Kenan - 2021

What is the effect of trade on a country's environment, for a given level of GDP? Some have observed an apparent positive correlation between openness to trade and measures of environmental quality. But this could be due to endogeneity of trade, rather than causality. This paper uses exogenous...

Persistent link: https://www.econbiz.de/10013215340

Institutions Rule : The Primacy of Institutions Over Geography and Integration in Economic Development

Rodrik, Dani; Subramanian, Arvind; Trebbi, Francesco - 2021

We estimate the respective contributions of institutions, geography, and trade in determining income levels around the world, using recently developed instruments for institutions and trade. Our results indicate that the quality of institutions trumps' everything else. Once institutions are...

Persistent link: https://www.econbiz.de/10013224849

African Export Successes : Surprises, Stylized Facts, and Explanations

Easterly, William - 2014

driven mostly by global commodity prices. In order to better understand the determinants of export success in Africa we …

Persistent link: https://www.econbiz.de/10013068915

China's Growing Economic Activity in Africa

Besada, Hany - 2008

Trade between the whole of Africa and China (imports and exports summed) grew from $10.6 billion to $73.3 billion … between 2000 and 2007, and between Sub-Saharan Africa and China from $7 billion to $59 billion over the same period. China is … now Africa's third largest trading partner behind the EU and the US. The Chinese FDI stock in Africa has grown from $49 …

Persistent link: https://www.econbiz.de/10012771826

Climate and Civil War : Is the Relationship Robust?

Burke, Marshall - 2010

-average temperatures and the incidence of civil war in Africa (Burke et al. 2009). These findings have recently been challenged by Buhaug …

Persistent link: https://www.econbiz.de/10013137308

The African Growth Miracle

Young, Alwyn - 2012

Measures of real consumption based upon the ownership of durable goods, the quality of housing, the health and mortality of children, the education of youth and the allocation of female time in the household indicate that sub-Saharan living standards have, for the past two decades, been growing...

Persistent link: https://www.econbiz.de/10013098811

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