Zhou Dejun, Alessa Noha, Tawiah Vincent Konadu
School of Law, Jiangsu University, Zhenijang, 212013, Jiangsu, China.
Department of Accounting, College of Business Adminstration, Princess Nourah Bint Abdulrahman University, P.O. Box 84428, Riyadh, 11671, Saudi Arabia.
Heliyon. 2024 Jul 2;10(13):e33991. doi: 10.1016/j.heliyon.2024.e33991. eCollection 2024 Jul 15.
The objective of this study is to examine the relationship between Chinese investment and access to clean and sustainable energy in African countries. We are motivated by the increasing engagement between China and Africa and the priority of sustainable energy for both partners. We employ robust econometric modelling, including fixed effects and the two-step Generalized Method of Moments, on a panel sample of 43 African countries over 19 years. The results show that Chinese energy investment in Africa is significantly associated with increased access to sustainable electricity. This effect is more pronounced in resource-rich countries, suggesting that China is more attracted to these countries due to the opportunities for resource trade in the form of partnerships. The policy implication of this finding is that it highlights the importance of African governments developing favourable strategies and policies to attract more Chinese investments in the energy sector.
本研究的目的是考察中国投资与非洲国家获得清洁和可持续能源之间的关系。中国与非洲之间日益增加的交往以及双方对可持续能源的重视促使我们开展此项研究。我们对43个非洲国家19年的面板样本采用了稳健的计量经济学模型，包括固定效应模型和两步广义矩估计法。结果表明，中国在非洲的能源投资与可持续电力供应的增加显著相关。这种效应在资源丰富的国家更为明显，这表明中国因以伙伴关系形式进行资源贸易的机会而更被这些国家所吸引。这一发现的政策含义是，它凸显了非洲各国政府制定有利战略和政策以吸引更多中国能源领域投资的重要性。
