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Review Open access Sep 2026

The Fair Competition Review System and firm investment efficiency: evidence from China

The Fair Competition Review System (FCRS) is an ex-ante competition-policy arrangement designed to curb administrative monopolies and local protectionism. Using 30,353 firm-year observations for Chinese A-share listed firms from 2012 to 2023, this study treats the nationwide implementation of the FCRS as a quasi-natura...

Richard E. Haskell, Ning Wen, Jia-Hui Tan · 0 citations

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