Financial and economic crises, pandemics, border closures, supply chain disrup-tions, wars, political uncertainty have fundamentally changed the way governments view economic development. Broad-based government interventions are now the order of the…
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…