Does “Made in China 2025” work for China? Evidence from Chinese listed firms

Economic theories have shown that industrial policy's effectiveness in fostering innovation hinges on its ability to address market failures, stimulate creative destruction, and avert adverse foreign reactions. Conversely, distortions induced by the policy and foreign countermeasures can impede...

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Bibliographic Details
Published in:Research policy 2024-07, Vol.53 (6), p.105009, Article 105009
Main Authors: Li, Guangwei, Branstetter, Lee G.
Format: Article
Language:English
Subjects:
Difference-in-differences
Innovation
Made in China 2025
Panel event study
Productivity
Subsidy
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