本文通过使用中国1996-2006年,29个省的面板数据考察企业家精神对于经济增长的作用。我们将企业家精神分为风险企业家精神和创新企业家精神,然后将其引入传统的经济增长回归模型,并用SYS-GMM计量方法测算它对经济增长的效应。考虑到企业家精神在经济增长方程的内生性,我们还将人均播种面积作为工具变量用以识别企业家精神对经济增长的因果效应。结果表明在控制了人口和制度变量后,企业家精神与经济增长显著正相关关系。
The impact of entrepreneurship on economic growth is examined by using a panel dataset of 29 provinces in China over 10 years.First,an indicator of entrepreneurship is defined as venture entrepreneurship and innovation entrepreneurship.Then it is introduced into the traditional growth regression framework and SYS-GMM is employed to estimate its effect on the economic growth.The area of sowing seeds per capita is used as instrumental variables to identify the causal effect of entrepreneurship on economic growth.The results suggest that entrepreneurship has a significant positive effect on economic growth under the condition that other demographic and institutional variables are under control.