With the COVID-19 pandemic, the tourism industry has been the hardest hit in Mauritius due to health containment measures linked to travel restrictions and the closure of borders to prevent the spread of the virus. The hotel industry attempted to…
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…
Le 21 mars 2018, à Kigali, au Rwanda, une étape majeure dans le processus d'intégration économique de l'Afrique a été franchie avec la signature de l'Accord établissant la Zone de libre-échange continentale africaine (ZLECAf) par 44 pays africains.…
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…
We consider two countries with initially one firm in each country and the possibility for each firm to invest in the other country or commercialize its products, and for workers to immigrate (Common Labor Market; CLM). Interestingly, when firms…