 Direct and Indirect Effects of FDI in Emerging European markets: A Survey and Meta-analysisJan Hanousek, Evžen Kočenda and Mathilde Maurel Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) from HAL Abstract: We review a large body of literature dealing with the effects of Foreign Direct Investment (FDI) on economies during their transformation from a command economic system toward a market system. We report the results of a meta-analysis based on the literature on externalities from FDI. The studies on emerging European markets covered in our survey report direct and indirect FDI effects weakening over time, similarly as in other FDI destination countries. This is imputable to a publication bias that is detected and to the fact that more sophisticated methods and more controls can be used once a sufficient time span is available. Panel studies are likely to find relatively lower spillover effects. The choice of the research design (definition of firm performance and foreign firm presence) matters. More specific to the sampled studies is the role played by forward and backward spillovers, which dominate other channels in driving FDI externalities. Keywords: FDI; productivity spillovers; economic transformation; emerging markets; metaanalysis (search for similar items in EconPapers) Published in Economic Systems, 2011, 35 (3), pp.301-322. ⟨10.1016/j.ecosys.2010.11.006⟩ There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:hal:cesptp:hal-00627659 DOI: 10.1016/j.ecosys.2010.11.006 Access Statistics for this paper More papers in Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) from HAL |
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