【摘要】 本文将中国对非援助与非洲国家经济增长之间的同期影响纳入动态联立方程组中,实证检验了二者之间存在的双向因果关系。研究发现,中国援助一方面可以促进非洲国家的经济增长,另一方面非洲各国的经济增长也会进一步吸引中国援助资金的流入。在区分中国对非官方发展援助与其他官方融资后,结论依然成立。PSVAR结果表明,援助与增长之间的动态关系形成正反馈循环,其影响是累进性的,并且以积累的方式扩展。更多还原

【Abstract】 Incorporating the bi-directional relationship of China’s aid to Africa and the economic growth of African countries into the dynamic simultaneous equations, we empirically test the two-way causal relationship. We find that China’s aid promotes the economic growth of African countries, and at the same time the economic growth feeds back to attract further China’s aid inflow. After distinguishing between China’s official development assistance and other official financing, the conclusion is still valid. In addition, the PSVAR show that the positive feedback loop formed by the dynamic impact of aid and growth is progressive and expands in a cumulative manner.更多还原