中文摘要：

对于一个国家整体经济而言,制度对企业家精神在生产性与非生产性活动之间合理配置的引导是至关重要的。文章基于中国省级面板数据,采用系统广义矩估计法论证了报酬结构、税收制度与企业家精神配置间的关系。进一步分析发现,因为生产性活动对于企业家的激励偏低,导致企业家精神在生产性和非生产性活动中分配失衡。研究为政府如何引导企业家精神更多地配置到生产性领域进而提高经济增长水平提供了政策性建议。

英文摘要：

It is crucial that institutions channel rational allocation of entrepreneurship into productive or unproductive activities for a country＇s economy.Based on Chinese Provincial Panel Data,this paper demonstrates the relationship between reward structure,tax and allocation of entrepreneurship by employing SYS-GMM approach.Further analysis finds that there exists an imbalance allocation of entrepreneurship since lower incentive for productive activities.This paper provides policy recommendations of how government could channel more entrepreneurship into productive activities so as to increase the level of economic growth.