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…
Background: Namibia is an open economy where international trade accounts for a greater
proportion of gross domestic product (GDP). Openness of the Namibian economy for the
period 2010 to 2018 has been on average 111% of GDP. The high level of…