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U.S.-China trade conflicts and R&D investment: evidence from the BIS entity lists

Economics

U.S.-China trade conflicts and R&D investment: evidence from the BIS entity lists

H. Hu, S. Yang, et al.

This research investigates how U.S.-China trade conflicts affect R&D investments in Chinese enterprises. Remarkably, export restrictions led to a 16.58% increase in R&D intensity the following year, driven by government subsidies and risk-taking, according to the findings by Han Hu, Shihui Yang, Lin Zeng, and Xuesi Zhang.

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