The Regional Comprehensive Economic Partnership (RCEP), the world’s largest free-trade agreement, brings together a diverse group of 15 economies, to mutually benefit from an expansion in regional trade and investment, through reduced trade barriers…
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…