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

Czech Journal of Economics and Finance, Vol. 60, No. 2, pp.151-174

38 Pages Posted: 5 Jun 2008 Last revised: 17 Aug 2010

See all articles by Tomas Havranek

Tomas Havranek

Charles University in Prague; Centre for Economic Policy Research (CEPR)

Zuzana Irsova

Charles University in Prague

Date Written: February 20, 2010

Abstract

The present paper conducts a meta-analysis of literature on intra-industry productivity spillovers from foreign direct investment. Apart from the traditional approach, robust meta-regression, random effects model, and probit meta-regression are employed. Results of combined significance analysis are mixed but it is apparent that papers published in leading academic journals tend to report rather insignificant results. Our findings suggest that cross-sectional and industry-level studies are likely to find relatively strong spillover effects, and that the choice of proxy for foreign presence is important. The pattern, however, seems to weaken over time. Contrary to previous studies, evidence for publication bias was not detected.

Keywords: meta-analysis, productivity spillovers, technology transfer, foreign direct investment, multinational companies

JEL Classification: C42, D62, F21, F23, O3

Suggested Citation

Havranek, Tomas and Irsova, Zuzana, Meta-Analysis of Intra-Industry FDI Spillovers: Updated Evidence (February 20, 2010). Czech Journal of Economics and Finance, Vol. 60, No. 2, pp.151-174, Available at SSRN: https://ssrn.com/abstract=1140707 or http://dx.doi.org/10.2139/ssrn.1140707

Tomas Havranek (Contact Author)

Charles University in Prague ( email )

Celetná 13
Praha 1, 116 36
Czech Republic

Centre for Economic Policy Research (CEPR)

London
United Kingdom

Zuzana Irsova

Charles University in Prague ( email )

Celetná 13
Praha 1, 116 36
Czech Republic

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