India, the ‘Asian Economic behemoth’, and Mauritius, the ‘African economic miracle’ have strong, long-standing bilateral trade relations. There exists undeniable cultural proximity between India and Mauritius caused by the Indian origin of the…
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…