부산대학교 도서관

Many studies related to the decision of spillover effect of foreign direct investment (FDI) in China have presented the diverse conclusions. To investigate the factors such as variable selection and estimation methods that caused the inconsistent findings regarding to the FDI spillover effects in different research papers, this research presents a meta-analysis of estimates collected from 150 previous studies relevant to the FDI spillover effect in China, which are composed of 536 observations from 89 Chinese papers, 53 English papers, and 8 Korean papers. The results of t-test and regression analysis showed that the adopted variables play an important role in measuring the FDI spillover effect, especially the spillover effect measure variables and the data characteristic variables, which significantly influence on the direction and the extent of the FDI spillover effect. In addition, a publication bias test revealed a bias between English and non-English (Chinese and Korea) papers, which was attributed to the different standpoints of paper authors and the publication preference of academic journals.