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Keywords: Crowding-in effect
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Journal Articles
International Journal of Emerging Markets (2025) 20 (4): 1487–1506.
Published: 26 June 2023
... and a mediation model to illustrate the mechanisms. Findings The BRI-OFDI has a significantly positive effect on domestic investment, meaning that the Belt and Road initiative's OFDI promotion effect crowds in domestic investment. The results are heterogeneous: the crowding-in effect mainly exists in non...
