Skip to Main content Skip to Navigation
New interface
Journal articles

Direct and Indirect Effects of FDI in Emerging European markets: A Survey and Meta-analysis

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.
Document type :
Journal articles
Complete list of metadata
Contributor : Mathilde Maurel Connect in order to contact the contributor
Submitted on : Thursday, September 29, 2011 - 11:51:06 AM
Last modification on : Friday, April 29, 2022 - 10:12:36 AM

Links full text




Jan Hanousek, Evžen Kočenda, Mathilde Maurel. Direct and Indirect Effects of FDI in Emerging European markets: A Survey and Meta-analysis. Economic Systems, 2011, 35 (3), pp.301-322. ⟨10.1016/j.ecosys.2010.11.006⟩. ⟨hal-00627659⟩



Record views