Has Chinese Aid Benefited Recipient Countries? Evidence from a Meta-Regression Analysis
IMF Working Papers, February 25, 2022
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Bibliographic details
- Authors: Pierre Mandon
- Published: February 25, 2022
- Series: IMF Working Papers
- DOI: https://doi.org/10.5089/9798400200670.001
Methodology and data
- Meta-regression analysis of 473 estimates from 15 studies.
- Study focuses on empirical literature on Chinese aid effectiveness.
Core findings
- On average, Beijing’s foreign assistance has had a positive impact on economic and social outcomes in recipient countries.
- Chinese aid has an opposite effect on governance, albeit negligible in size.
- After accommodating publication selection bias, the above average effects persist.
Publication selection and authorship effects
- Studies that fail to uncover statistically significant effects are less likely to be submitted to journals, or accepted for publication.
- Results are not driven by authors’ institutional affiliation.
Sources of heterogeneity across estimates
- Differences in study characteristics explain heterogeneity among Chinese aid effectiveness estimates reported in the literature, including:
- the type of development outcome considered;
- how the Chinese aid variable is measured;
- the geographic region under study;
- the publication outlet.
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