Huang, Jiashun; Shen, Jim Huangnan; Li, Weiping; Lee, … - 2023
In this paper, we demonstrate in a two-stage sequential game model that there exists an inverted U-shape relationship between FDI inflow and bilateral political relations. Employing the political relationship index (PRI) to test our theory using Chinese data from 2002 to 2016, we find that the...