We estimate the impact of international standards certification on the export performance of firms in a developing economy using a unique panel data from Pakistan’s textile and apparel sector. To address endogeneity, we implement a novel…
With the rapid advancement of corporate Environmental, Social, and Governance (ESG) ratings, it is crucial to examine their effects on China’s pursuit of ‘New Quality Productive Forces’ from both efficiency-driven and innovation-driven perspectives…
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…