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Natural Resources Exports, Diversification and Economic Growth of CEMAC Countries: On the Impact of Trade with China.
- Source :
- African Development Review / Revue Africaine de Développement; Jun2013, Vol. 25 Issue 2, p189-202, 14p
- Publication Year :
- 2013
-
Abstract
- This paper deals with the dynamics of growth in the countries of the Economic and Monetary Community of Central Africa (CEMAC), focusing on external trade, in particular with China. Its aim is to shed light on the increasing influence of China in Africa. It uses dynamic panel estimations to measure the impact of trade orientation on economic growth in the CEMAC countries and concludes that specialization in natural resources affects economic growth negatively. But this effect is somewhat mitigated by the orientation towards China. Moreover, the weak intraregional trade between CEMAC countries has failed to contribute to their economic growth. [ABSTRACT FROM AUTHOR]
- Subjects :
- INTERNATIONAL trade
ECONOMIC development
NATURAL resources
COMMERCE
DYNAMICS
Subjects
Details
- Language :
- English
- ISSN :
- 10176772
- Volume :
- 25
- Issue :
- 2
- Database :
- Complementary Index
- Journal :
- African Development Review / Revue Africaine de Développement
- Publication Type :
- Academic Journal
- Accession number :
- 87947211
- Full Text :
- https://doi.org/10.1111/j.1467-8268.2013.12023.x