| Africa | Petrolstate | |
|---|---|---|
| * p < 0.05, ** p < 0.01, *** p < 0.001 | ||
| Standard errors clustered at the country level. | ||
| All models include country and year fixed effects. | ||
| Source: V-Dem Dataset (v2x_execorr) and Boston University Chinese Loans to Africa (CLA) Database. | ||
| Yearly Loan Count | 0.0024*** | 0.0038*** |
| (0.0003) | (0.0003) | |
| GDP Per Capita (Log) | 0.0578*** | 0.0584 |
| (0.0140) | (0.0301) | |
| Log of Exports as % of GDP (Log) | 0.0316* | −0.1230** |
| (0.0123) | (0.0413) | |
| Log of Trade with China (Log) | −0.0009 | −0.0035*** |
| (0.0006) | (0.0008) | |
| Num.Obs. | 969 | 291 |
| R2 | 0.878 | 0.867 |
| R2 Adj. | 0.870 | 0.855 |