Research Handbook on Economic Diplomacy
Bilateral Relations in a Context of Geopolitical Change
Edited by Peter A.G. van Bergeijk and Selwyn J.V. Moons
Chapter 4: 25+ years of economic diplomacy research: how study design influences economic diplomacy coefficients
Selwyn J.V. Moons
Abstract
The author reviews 32 studies published between 1985 and 2012 that report 963 economic diplomacy coefficients by means of a meta-analysis. The meta-analysis shows (and corrects for) the influence of empirical design choices, the dependent variable under investigation and instruments of diplomacy used, on reported economic diplomacy coefficients. The reported results show that study characteristics and the instrument of diplomacy used in primary studies influence the reported outcome significantly. The meta-analysis shows that economic diplomacy research on average judges critically on the sign and significance of the lower ranked diplomatic establishments (consulates and export promotion agencies) and individual activities organized with the diplomatic network (trade missions and state visits). These establishments and activities are significantly more likely to report negative coefficients and less likely to deliver positive significant coefficients.
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