Survey Article: Publication Bias in the Literature on Foreign Direct Investment Spillovers
通过收集大量文献中的外国直接投资溢出效应估计值,构建独特数据库,并校正发表偏倚后,发现后向溢出效应的平均报告估计值具有统计显著性,且发表偏倚主要存在于同行评审期刊和作者认为重要的估计中。
In this article we conduct a large quantitative survey of the literature on horizontal and vertical spillovers from foreign direct investment (FDI). We create a unique database of spillover estimates for each country examined in the literature. Next, we estimate the average effect corrected for publication selection bias (the preferential selection of positive and significant estimates for publication). Our results suggest that an average reported estimate of backward spillovers is statistically significant. Publication selection is evident only among studies published in peer-reviewed journals, and only among the estimates that authors consider most important. Authors with small data sets engage in more publication selection. The intensity of selection in the literature decreases over time, which supports the economics-research-cycle hypothesis.