Honoré Tékam Oumbé , Ronald Djeunankan , Alice Kos A Mougnol
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引用次数: 0
摘要
工业化作为经济增长和结构转型的引擎,其重要性已得到大量记载。尽管工业化带来了种种好处,但近几十年来,非洲却出现了去工业化的趋势。这意味着非洲工业化的一些重要决定因素仍未确定。本研究通过分析 1995-2021 年间外国援助对 42 个非洲国家工业化的影响,填补了这一空白。利用两步法广义矩法,得出了以下结果。首先,平均而言,外国援助损害了非洲的工业化。其次,外援的影响取决于援助的性质,因为教育和能源援助会提高工业化水平,而卫生和人道主义援助则会对工业化产生负面影响。第三,我们发现外援与工业化之间呈 U 型关系。有趣的是,民主和人力资本可以减轻外援对工业化的负面影响。这些结果对非洲国家的经济政策具有重要意义,表明非洲国家应加大力度加强民主和人力资本水平,以享受外援对工业化的积极影响。最后,本研究有助于制定支持非洲国家工业化的援助分配计划。
Analysing the effect of foreign aid on industrialization: Evidence from Africa
The importance of industrialization as an engine of economic growth and structural transformation has been largely documented. Despite the benefits of industrialization, Africa has witnessed a de-industrialization in recent decades. This means that some important determinants of industrialization remain unidentified in Africa. This study fills this gap by analysing the effect of foreign aid on industrialization in 42 African countries over the period 1995–2021. Using the two-step system Generalized Method of Moments, the following results are established. First, on average, foreign aid hurts industrialization in Africa. Second, the effect of foreign aid depends on the nature of the aid since education and energy aid improve industrialization while health and humanitarian aid negatively affect it. Third, we find a U-shaped relationship between foreign aid and industrialization. Interestingly, democracy and human capital can mitigate the negative effect of foreign aid on industrialization. These results have strong economic policy implications for African countries, showing that they should put in more effort to strengthen their level of democracy and human capital in order to enjoy the positive effect of foreign aid on industrialization. Finally, this research contributes to the development of aid distribution plans that support African nations' industrialization.