FDI forward spillover effects in emerging markets: A comparative meta-analysis of China and Eastern Europe

He, S (通讯作者),Zhongnan Univ Econ & Law, Sch Econ, Wuhan, Peoples R China.
2022-9
Using two unique datasets of 530 forward estimates from 19 studies on China and 942 forward estimates from 28 studies on Eastern European transition economies, this study quantitatively analyzes foreign direct investment forward spillover effects, accounting for various biases and firm attributes in existing empirical results using a meta-regression analysis. We find that aggregation bias, misspecification bias, endogeneity bias (including simultaneity bias and omitted-variable bias), and publication bias, as well as firm attributes, contribute to the heterogeneity in forward spillover estimates; and that the preferred forward spillover effects are positive but nonsignificant. Interestingly, the preferred forward spillover effect is likely to be much larger in Eastern European transition economies than in China. (C) 2022 Elsevier B.V. All rights reserved.
ECONOMIC SYSTEMS
卷号:46|期号:3
ISSN:0939-3625|收录类别:SSCI
语种
英语
来源机构
Huazhong University of Science & Technology; Zhongnan University of Economics & Law; City University of Hong Kong
资助信息
We thank the managing editor Richard Frensch, and two anonymous referees for their great help and insightful comments. This research is supported by the Humanity and Social Science Youth Foundation of the Ministry of Education of China (Grant No. 21YJC790043), the Fundamental Research Funds for the Central Universities (Grant No. 2722022BY003), and the Fundamental Research Funds for the Central Universities (Grant No. 2019kfyTSZC001).
被引频次(WOS)
0
被引频次(其他)
0
180天使用计数
3
2013以来使用计数
3
EISSN
1878-5433
出版年
2022-9
DOI
10.1016/j.ecosys.2022.101012
WOS学科分类
Economics
学科领域
循证经济学
关键词
Foreign direct investment forward spillover effect Meta-regression analysis Publication bias Synthetic practice
资助机构
Humanity and Social Science Youth Foundation of the Ministry of Education of China Fundamental Research Funds for the Central Universities(Fundamental Research Funds for the Central Universities)