Digital trade is one of the promising areas for the African Continental Free Trade Area (AfCFTA) and a factor of succcess of the African Union Digital Transformation Strategy (DTS) for Africa (2020–2030). However, the benefts of digital trade are…
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…