In early May, India and the United Kingdom (UK) announced the conclusion of their free trade agreement (FTA), touted as the most comprehensive trade deal India has ever signed. While the full text of the agreement has yet to be released, it is clear…
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…