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Entrepreneurship, private economy and growth: Evidence from China (2012)_香港中文大学

香港中文大学 辅仁网/2017-07-06

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Entrepreneurship, private economy and growth: Evidence from China
Publication in refereed journal


香港中文大学研究人员 ( 现职)


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Web of Sciencehttp://aims.cuhk.edu.hk/converis/portal/Publication/8WOS source URL

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摘要This paper examines the impact of entrepreneurship on economic growth by using a panel data set of 29 provinces in China over 20 years. Two indicators of entrepreneurship are defined and introduced into the traditional growth regression framework that is estimated using the system generalized method of moments. We also use the ratio of staff and workers of state-owned enterprises and per capita sown land area as the instrumental variables to identify the causal effect of entrepreneurship on economic growth. Our results suggest that entrepreneurship has a significant positive effect on economic growth and this finding is robust even after we control for other demographic and institutional variables. Our study provides some evidence that may be used as a basis for evaluating the effect of China's policy on private business which has been increasingly relaxed since the late 1970s. (C) 2012 Elsevier Inc. All rights reserved.

着者Li HB, Yang ZY, Yao XG, Zhang HF, Zhang JS
期刊名称China Economic Review
出版年份2012
月份12
日期1
卷号23
期次4
出版社Elsevier
页次94http://aims.cuhk.edu.hk/converis/portal/Publication/8 - 961
国际标準期刊号1043-951X
电子国际标準期刊号1http://aims.cuhk.edu.hk/converis/portal/Publication/873-77http://aims.cuhk.edu.hk/converis/portal/Publication/81
语言英式英语

关键词China; Economic growth; Entrepreneurship
Web of Science 学科类别Business & Economics; Economics; ECONOMICS

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