Spillovers and Exports: A Meta-Analysis

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dc.contributor.authorMeriluoto L
dc.contributor.authorDas KK
dc.contributor.authorDuan J
dc.contributor.authorReed WR
dc.date.accessioned2019-12-02T03:48:21Z
dc.date.available2019-12-02T03:48:21Z
dc.date.issued2019en
dc.date.updated2019-05-01T22:07:34Z
dc.description.abstractThis study uses meta-analysis to analyze the empirical literature on spillovers and exports. It collects 3,291 estimated spillover effects from 99 studies. The estimated spillover effects in the literature span a large number of types and measures of both exports and spillovers. As a result, we transform estimates to partial correlation coefficients (PCCs). We analyze these transformed effects using four different versions of Weighted Least Squares estimators, incorporating both meta-analytic “Fixed Effects” and “Random Effects”. Our analysis produces three main findings. First, while we estimate a mean overall effect of spillovers on exports that is statistically significant, the size of the effect is economically negligible. Second, we find evidence of positive publication bias using conventional Funnel Asymmetry Tests. However, the size of the estimated publication bias is small, and disappears in some regressions when other explanatory variables are included in the analysis. Third, using both Bayesian Model Averaging and frequentist WLS estimation, we find that some data, estimation, and study characteristics are significant in some regressions. However, only a few of the characteristics are robust, and none are large in size.en
dc.identifier.citationMeriluoto L, Das KK, Duan J, Reed WR (2019). Spillovers and Exports: A Meta-Analysis. University of Canterbury, Department of Economics and Finance. University of Canterbury, Department of Economics and Finance.en
dc.identifier.urihttp://hdl.handle.net/10092/17740
dc.language.isoen
dc.publisherUniversity of Canterbury, Department of Economics and Financeen
dc.subjectspilloversen
dc.subjectexportsen
dc.subjectmeta-analysisen
dc.subjectmeta-regression analysisen
dc.subjectBayesian model averagingen
dc.subjectpartial correlation coefficienten
dc.subject.anzsrcFields of Research::35 - Commerce, management, tourism and services::3507 - Strategy, management and organisational behaviour::350706 - International businessen
dc.subject.anzsrcField of Research::14 - Economics::1402 - Applied Economics::140202 - Economic Development and Growthen
dc.titleSpillovers and Exports: A Meta-Analysisen
dc.typeDiscussion / Working Papersen
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