In Search of Determinants of FDI Horizontal Spillovers: A meta-analysis

Hongzhong Fan () and Shi He ()
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Hongzhong Fan: School of Economics, Huazhong University of Science and Technology, Wuhan, China
Shi He: School of Economics, Huazhong University of Science and Technology, Wuhan, China

Economics Bulletin, 2019, vol. 39, issue 3, 2091-2101

Abstract: This paper constructs a unique dataset of 1018 estimates from 41 studies on foreign direct investment horizontal productivity spillovers in China, and the prime objective is to investigate determinants of horizontal spillovers from foreign direct investment using Bayesian Model Averaging based meta-analysis. Our results suggest that horizontal spillovers vary across firm attributes, including the ownership structure of foreign firms, the origin of foreign firms, market orientation of foreign firms, the ownership structure of local firms and the technological levels of local firms. For instance, our results show the nonlinear relationship between technological levels of local firms and FDI horizontal spillovers.

Keywords: Foreign direct investment; Horizontal spillover effects; Meta-analysis; Bayesian Model Averaging; Firm attributes (search for similar items in EconPapers)
JEL-codes: F2 (search for similar items in EconPapers)
Date: 2019-09-07
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