Direct and indirect effects of FDI in emerging European markets: a survey and meta-analysis

Jan 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 linkages, which dominate other channels in driving FDI externalities.

Keywords: meta-analysis; FDI; productivity spillovers; economic transformation; emerging markets; meta-analysis. (search for similar items in EconPapers)
Date: 2010-03
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00469544
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Citations: View citations in EconPapers (6)

Published in 2010

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Related works:
Journal Article: Direct and indirect effects of FDI in emerging European markets: A survey and meta-analysis (2011)
Working Paper: Direct and Indirect Effects of FDI in Emerging European markets: A Survey and Meta-analysis (2011)
Working Paper: Direct and Indirect Effects of FDI in Emerging European markets: A Survey and Meta-analysis (2011)
Working Paper: Direct and indirect effects of FDI in emerging European markets: a survey and meta-analysis (2010)
Working Paper: Direct and indirect effects of FDI in emerging European markets: a survey and meta-analysis (2010)
Working Paper: Direct and Indirect Effects of FDI in Emerging European Markets: A Survey and Meta-analysis (2010)
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