Natural resource sector FDI, government policy, and economic growth: Quasi-experimental evidence from Liberia

Bunte, Jonas B.; Desai, Harsh; Gbala, Kanio; Parks, Bradley C.; Runfola, Daniel Miller

doi:10.1016/j.worlddev.2018.02.034

Cited by 50 publications

(25 citation statements)

References 24 publications

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“…Extant research suggest that international flows such as Foreign Direct Investment (FDI), foreign aid, and foreign trade, are viable vehicles for economic growth (Adams, 2009;Akinlo, 2004;Alfaro et al, 2000;Arndt et al, 2015;Bunte et al, 2018;Gnangnon, 2018;Greenaway et al, 2002;Gunby et al, 2017). However, although between 2000 and 2015, African countries grew at an average of 5% (World Bank, 2019c), the poverty levels in most African countries have not abated.…”

Section: Introductionmentioning

confidence: 99%

The impact of foreign direct investment, foreign aid and trade on poverty reduction: Evidence from Sub-Saharan African countries

Anetor

Esho

Verhoef

2020

Cogent Economics & Finance

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Section: Introductionmentioning

confidence: 99%

The impact of foreign direct investment, foreign aid and trade on poverty reduction: Evidence from Sub-Saharan African countries

Anetor

Esho

Verhoef

2020

Cogent Economics & Finance

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“…Second, China might be more willing than traditional donors to fund the types of transportation investments that can help host countries escape inefficient spatial equilibria-e.g., situations in which most economic activity is concentrated in one or few primate cities and there is little economic activity in rural towns and villages. Colonial-era investments were highly localized in many developing countries, setting in motion powerful forces of economic agglomeration and creating spatial inequalities that have persisted over long periods of time (Bonfatti and 23 These anecdotal accounts are broadly consistent with the empirical evidence presented in Bunte et al (2018). They find large nighttime light impacts from Chinese investment projects and no impacts from U.S. investment projects in Liberia.…”

Section: Chinese Government-financed Connective Infrastructure and Spmentioning

confidence: 61%

China–USA: multiple vector OF “tradE war”

Mikheev¹,

Lukonin²

2019

WEIR

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How do development projects influence the geographic distribution of economic activity within lowincome and middle-income countries? Existing research focuses on the effects of Western development projects on inter-personal inequality and inequality across different subnational regions. However, China has recently become a major financier of economic infrastructure in Africa, Asia, Latin America, the Middle East, and Central and Eastern Europe, and it is unclear if these investments diffuse or concentrate economic activity. We introduce an original dataset of geo-located Chinese Governmentfinanced projects in 138 countries between 2000 and 2014, and analyze the effects of these projects on the spatial distribution of economic activity within host countries. We find that Chinese development projects in general, and Chinese transportation projects in particular, reduce economic inequality within and between subnational localities. Our results suggest that Chinese investments in "connective infrastructure" produce positive economic spillovers that lead to a more equal distribution of economic activity in the localities where they are implemented.

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“…Interrelated to spillover is the challenge of selecting distance bands to distinguish between areas to be defined as "treated" or "untreated" (see, for example [30,32]). This challenge relates to the unknown nature of how interventions will diffuse over geographic space-i.e., if an animal clinic might benefit farmers within 10 or 50 km.…”

Section: Distance Bandsmentioning

confidence: 99%

“…The robustness of selecting different distance bands to distinguish between areas determined to be "treated" as contrasted to "untreated" [32].…”

mentioning

confidence: 99%

“…Recent literature has begun to engage with some of these challenges. These efforts have included providing a solution to spatial imprecision in measurements of intervention locations [28] and experimenting with variation in distance band selection [30,32]. Other research details recent advances for overcoming errors in measurements derived from satellites [29].…”

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confidence: 99%

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Exploring the Socioeconomic Co-benefits of Global Environment Facility Projects in Uganda Using a Quasi-Experimental Geospatial Interpolation (QGI) Approach

et al. 2020

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Since 1992, the Global Environment Facility (GEF) has mobilized over $131 billion in funds to enable developing and transitioning countries to meet the objectives of international environmental conventions and agreements. While multiple studies and reports have sought to examine the environmental impact of these funds, relatively little work has examined the potential for socioeconomic co-benefits. Leveraging a novel database on the geographic location of GEF project interventions in Uganda, this paper explores the impact of GEF projects on household assets in Uganda. It employs a new methodological approach, Quasi-experimental Geospatial Interpolation (QGI), which seeks to overcome many of the core biases and limitations of previous implementations of causal matching studies leveraging geospatial information. Findings suggest that Sustainable Forest Management (SFM) GEF projects with initial implementation dates prior to 2009 in Uganda had a positive, statistically significant impact of approximately $184.81 on the change in total household assets between 2009 and 2011. Leveraging QGI, we identify that (1) this effect was statistically significant at distances between 2 and 7 km away from GEF projects, (2) the effect was positive but not statistically significant at distances less than 2 km, and (3) there was insufficient evidence to establish the impact of projects beyond a distance of approximately 7 km.

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Natural resource sector FDI, government policy, and economic growth: Quasi-experimental evidence from Liberia

Cited by 50 publications

References 24 publications

The impact of foreign direct investment, foreign aid and trade on poverty reduction: Evidence from Sub-Saharan African countries

The impact of foreign direct investment, foreign aid and trade on poverty reduction: Evidence from Sub-Saharan African countries

China–USA: multiple vector OF “tradE war”

Exploring the Socioeconomic Co-benefits of Global Environment Facility Projects in Uganda Using a Quasi-Experimental Geospatial Interpolation (QGI) Approach

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