ln recent years, the trend of politicization of trade has become increasingly fierce. The reasons are as follows: firstly, at the ideological level, it is caused by the zero-sum game thought prevailing in the international society dominated by the…
Spillover Effects of Government Subsidies On Outward Foreign Direct Investment: Evidence from China.
We examine the effect of government subsidies on outward foreign direct investment (OFDI) by Chinese listed firms. Based on a panel dataset covering Chinese listed firms from 2009 to 2021, our findings indicate that government subsidies can promote…
Background
Globalisation has brought significant benefits to countries’ industrialisation, but its impact has not been uniform. Policymakers in developing countries have increasingly focused on sound institutions’ role in offsetting the potential…