Variable Label

Unit

Variable name

Nature

GDP

PPP

cgdpo

Exogenous & Endogenous

Square GDP

PPP

cgdpo2

Exogenous

Cube GDP

PPP

cgdpo3

Exogenous

Volume of African exports to China

PPP

csh_x

Exogenous & Endogenous

Volume of African imports from China

PPP

csh_m

Exogenous & Endogenous

Gross capital formation

PPP

csh_i

Exogenous & Endogenous

Population growth rate

%

G

Control Variable

Human capital index

PPP

Hc

Exogenous & Endogenous

Household consumption expenditure

PPP

csh_c _c

Exogenous & Control variable

Government consumption expenditure

PPP

csh_g

Exogenous & Control variable