Background: In the context of South Africa’s commitment to export-led growth, attention has traditionally centred on expanding the export base through new products and markets. However, a substantial share of the country’s trade performance is…
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…