4 SPRING 2024 NO.82 / THOUGHT LEADERSHIP BRIEF Jin Wang is an associate professor of Social Science at the Hong Kong University of Science and Technology. She received her PhD in Economics from the London School of Economics and Political Science. Her research, which mostly has a policy focus, is mainly in the areas of Development Economics, Public Economics and Chinese Economy. She worked on a variety of topics – place-based policies, government hierarchy and incentives, and the labor mobility barriers that are embedded in the hukou household registration system of China. Her work has appeared in a range of leading economics journals including Journal of the European Economic Association, American Economic Journal: Economic Policy, Journal of Development Economics and Journal of Comparative Economics. impact on non-exporters, which are often smaller firms that do not engage in exporting activities. This heterogeneity in the impact of machinery transfers underscores the importance of considering the varying effects on different types of firms within the African economy. Implications and Contribution to Literature Our research presents a nuanced understanding of China’s influence on Africa’s industrialization through trade. It suggests that China’s domestic overcapacity elimination policy has led to shifts in China’s regional export patterns, thereby affecting African economic outcomes. Our study contributes to literature on African labor productivity and industrialization, the relationship between globalization and employment in developing countries, and the impact of foreign investment and trade in Africa. It also provides valuable insights into China’s influence on foreign countries through trade, contributing to the China shock literature. Our findings reinforce the necessity for African policymakers to critically assess the long-term impact of importing machinery on local industries while capitalizing on the potential benefits. In the broader perspective, this research adds a new layer to our understanding of the dynamics of global trade and the interplay between domestic policy decisions and international economic outcomes. This research is supported by the HKUST IEMS Research Grant. Reference: Lam, Pak Hung, Yatang Lin, Fangyuan Peng and Jin Wang (2024). “Tapping into Excess Capacity: Chinese Machinery Exports and African Manufacturing Growth”, HKUST Working Paper. Read all HKUST IEMS Thought Leadership Briefs at http://iems.ust.hk/tlb T: (852) 3469 2215 E: iems@ust.hk W: http://iems.ust.hk A: Lo Ka Chung Building, The Hong Kong University of Science and Technology, Clear Water Bay, Kowloon With Support from
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