Business Geography Keynote: The impact of Chinese FDI in Africa

Type: Virtual Paper
Theme: Business Geography Specialty Group Curated Track
Sponsor Groups: Business Geography Specialty Group, China Specialty Group, Africa Specialty Group
Poster #:
Day: 4/9/2021
Start / End Time: 1:30 PM / 2:45 PM (PST)
Room: Virtual 5
Organizers: Hao Huang
Chairs: Hao Huang

Description

The Impact of Chinese FDI in Africa – our keynote speaker Dr. Riccardo Crescenzi exploits exogenous variation in China’s export taxes to investigate the impact of Chinese foreign direct investment (FDI) in Ethiopia. He will discuss how higher sector-specific export taxes in China lead to more Chinese FDI in Ethiopian districts specialized in those sectors and generate highly heterogeneous effects, and how domestic firms competing with Chinese FDI reduce their sales, investment, inputs, and prices, while firms in upstream and downstream sectors expand. The focus of the keynote will build a 20-year district panel of night lights and observe that Chinese FDI leads to no instantaneous impact on local growth, but significant and persistently positive effects after 6-12 years.


Agenda

Type Details Minutes Start Time
Introduction Hao Huang Illinois Institute of Technology 10 1:30 PM
Presenter Riccardo Crescenzi*, London School of Economics, Business Geography Keynote - The impact of Chinese FDI in Africa: Evidence from Ethiopia 40 1:40 PM
Discussant Pengfei Li University of Calgary 25 2:20 PM

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