China, where a quarter of firms' R&D expenditures come from government subsidies. Using a difference-in-differences approach …

China, where a quarter of firms' R&D expenditures come from government subsidies. Using a difference-in-differences approach …

China—corruption in the form of greasing money enhances corporate innovation outcomes. Our identification strategy exploits … China’s anti-corruption campaign as a shock to corruption. Using a difference-in-differences model, we find that corrupt …

China, where a quarter of firms' R&D expenditures come from government subsidies. Using a difference-in-differences approach …