Abstract

Using 67 published and unpublished studies, we conduct a meta-analysis of the literature on intra-industry productivity spillovers from foreign direct investment. The combined significance test of individual t-statistics is inconclusive, but it is apparent that papers published in leading journals tend to report insignificant results. Meta-regression analysis confirms that cross-sectional and industry-level studies are likely to find relatively strong spillover effects and that the choice of the 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.

Tables 7 to 14, which belong to the article's Appendixes A to C, are not printed in the article; the journal publishes them as a separate file on its web page, reproduced here as Appendix Tables. The replication file holds the data set of 97 estimates from 67 studies and the Stata code.

Reference: Tomas Havranek, Zuzana Irsova (2010), "Meta-Analysis of Intra-Industry FDI Spillovers: Updated Evidence." Czech Journal of Economics and Finance 60(2): 151-174.

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How to cite

Tomas Havranek, Zuzana Irsova (2010), "Meta-Analysis of Intra-Industry FDI Spillovers: Updated Evidence." Czech Journal of Economics and Finance 60(2): 151-174.

BibTeX 
@article{havranek2010intra,
  author  = {Tomas Havranek and Zuzana Irsova},
  title   = {Meta-Analysis of Intra-Industry FDI Spillovers: Updated Evidence},
  journal = {Czech Journal of Economics and Finance},
  volume  = {60},
  number  = {2},
  pages   = {151--174},
  year    = {2010},
}