id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
fbem-29584	Lin, Gan; Deng, Haijun	The Impact of Foreign Entry Liberalization on Firms' Investment Efficiency	2025	6	.pdf	application/pdf	4341	291	50	This study provides a new microscopic explanation for the mechanism of changes in China's enterprise investment efficiency from the perspective of foreign investment liberalization, which is of policy revelation significance for further optimizing the policy of introducing foreign investment and improving enterprise investment efficien cy. Our findings found that (1) the liberalization of foreign investment entry reduces firms' investment efficiency (2) From the perspective of firm heterogeneity, liberalization of foreign investment entry exacerbates overinvestment in firms located in the central region, and firms facing high financing constraints.	cache/fbem-29584.pdf	txt/fbem-29584.txt