Publication detail

Meta-Analysis of Intra-Industry FDI Spillovers: Updated Evidence

Author(s): doc. PhDr. Tomáš Havránek Ph.D.,
doc. PhDr. Zuzana Havránková Ph.D.,
Type: Articles in journals with impact factor
Year: 2010
Number: 0
ISSN / ISBN:
Published in: Czech Journal of Economics and Finance 60(2), 151-174
Publishing place:
Keywords: meta-analysis, productivity spillovers, foreign direct investment, multinational companies
JEL codes: C83, D62, F21
Suggested Citation:
Grants: GAUK 76810 Development and Application of Meta-Analytic Methods in Economics IES Research Framework Institutional task (2005-2011) Integration of the Czech economy into European union and its development
Abstract: We conduct a meta-analysis of literature on intra-industry productivity spillovers from foreign direct investment using 67 published and unpublished studies. Combined significance of individual $t$ statistics is inconclusive but it is apparent that papers published in leading journals tend to report rather insignificant results. Meta-regression analysis confirms that cross-sectional and industry-level studies are likely to find relatively strong spillover effects. Moreover the choice of proxy for foreign presence is important. The pattern, however, seems to weaken over time. Evidence for publication selection bias was detected employing the funnel asymmetry test, and the spillover effect corrected for publication bias is not significantly different from zero.

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