Fang, Guopei; Görg, Holger; Hanley, Aoife; Mao, Haiou - In: China & World Economy 30 (2022) 6, pp. 1-33
differential taxation incentives offered to foreign investors. Far from crippling innovation, divestment has sparked an increase in … patent applications – including higher end invention patents – and other innovation measures. Together with robustness checks …, our estimations suggest a real improvement in innovation rather than just a window‐dressing exercise. We suggest that one …
