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…
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…