Research Handbook on Economic Diplomacy
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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

This Handbook positions economic diplomacy as a multidisciplinary field and presents state of the art research relevant to policy makers and academia around the globe focusing on four themes: the role of economic diplomats, the impact and evaluation of economic diplomacy, politics and trade and emerging markets. It offers academic, business and policy perspectives taking stock of knowledge produced with qualitative and quantitative research on Northern America, Europe, Africa, Asia and Latin America.
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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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