A Meta-Analysis of the Robustness of Market Size and Labour Cost Determinants of FDI
This paper applies a meta-regression analysis to systematically summarise, integrate and synthesise the results of empirical studies that include market size and labour costs as determinants of FDI. Random effects panel estimation is employed separately for the sample of primary studies that use OLS estimation to analyse the effect of market size and labour costs on FDI and for the sample of primary studies that employ discrete choice models to estimate the effect of market size and labour costs on FDI. A number of factors related to model specifications, dataset characteristics and methodologies in the primary studies explain the variation in the estimated t-statistics of the effect of market size and labour costs on FDI across the studies. Most tests for publication bias indicate that the empirical literature on the effect of market size on FDI favours positive estimates while empirical literature on the effect of labour costs on FDI favours negative estimates. None of the literature, however, favours statistical significance.
|Date of creation:||Dec 2008|
|Date of revision:||Dec 2008|
|Contact details of provider:|| Postal: Loughborough, Leicestershire, LE11 3TU|
Phone: +44 (0) 1509 222701
Fax: +44 (0) 1509 223910
Web page: http://www.lboro.ac.uk/departments/sbe/research/economics/index.html
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Stanley, T D & Jarrell, Stephen B, 1989.
" Meta-Regression Analysis: A Quantitative Method of Literature Survey s,"
Journal of Economic Surveys,
Wiley Blackwell, vol. 3(2), pages 161-70.
- T. D. Stanley & Stephen B. Jarrell, 2005. "Meta-Regression Analysis: A Quantitative Method of Literature Surveys," Journal of Economic Surveys, Wiley Blackwell, vol. 19(3), pages 299-308, 07.
- Ashenfelter, Orley & Harmon, Colm & Oosterbeek, Hessel, 1999.
"A review of estimates of the schooling/earnings relationship, with tests for publication bias,"
Elsevier, vol. 6(4), pages 453-470, November.
- Orley Ashenfelter & Colm Harmon & Hessel Oosterbeek, 2000. "A Review of Estimates of the Schooling/Earnings Relationship, with Tests for Publication Bias," NBER Working Papers 7457, National Bureau of Economic Research, Inc.
- Ashenfelter, O. & Harmon, C. & Oosterbeek, H., 1999. "A Review of Estimates of the Schooling/ Earnings Relationship, with tests for Publication Bias," Papers 99/20, College Dublin, Department of Political Economy-.
- Anne-Célia Disdier & Keith Head, 2004.
"The Puzzling Persistence of the Distance Effect on Bilateral Trade,"
Development Working Papers
186, Centro Studi Luca d'Agliano, University of Milano.
- Anne-Célia Disdier & Keith Head, 2008. "The Puzzling Persistence of the Distance Effect on Bilateral Trade," The Review of Economics and Statistics, MIT Press, vol. 90(1), pages 37-48, February.
- Anne-Célia Disdier & Keith Head, 2008. "The puzzling persistence of the distance effect on bilateral trade," Post-Print hal-01172854, HAL.
- T. D. Stanley, 2001. "Wheat from Chaff: Meta-analysis as Quantitative Literature Review," Journal of Economic Perspectives, American Economic Association, vol. 15(3), pages 131-150, Summer.
- Laroche, P., 2000. "What do Unions do to Productivity? A Meta-Analysis," Papers 2000-5, Groupe de recherche en économie financière et en gestion des entreprises, Universite Nancy 2.
- Gorg, Holger & Strobl, Eric, 2001. "Multinational Companies and Productivity Spillovers: A Meta-analysis," Economic Journal, Royal Economic Society, vol. 111(475), pages F723-39, November.
- T. D. Stanley, 2005. "Beyond Publication Bias," Journal of Economic Surveys, Wiley Blackwell, vol. 19(3), pages 309-345, 07.
When requesting a correction, please mention this item's handle: RePEc:lbo:lbowps:2008_15. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Huw Edwards)
If references are entirely missing, you can add them using this form.