A Systems View Across Time and Space
Table 4 Relationship between Greenfield investment and entrepreneurship in pre-crisis period
From: The impact of Greenfield investment on domestic entrepreneurship
| Â | Tea | Opportunity | Necessity | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Â | (1) Random | (2) Fixed | (3) GMM | (4) Random | (5) Fixed | (6) GMM | (7) Random | (8) Fixed | (9) GMM |
Teat−1 |  |  | 0.41*** (0.07) |  |  |  |  |  |  |
Opportunityt−1 |  |  |  |  |  | 0.53*** (0.09) |  |  |  |
Necessityt−1 |  |  |  |  |  |  |  |  | 0.51*** (0.08) |
Lngreen | −0.38** (0.18) | −0.12 (0.20) | −0.24** (0.12) | −0.35** (0.14) | −0.18 (0.15) | −0.22* (0.13) | 0.002 (0.07) | 0.14* (0.08) | −0.02 (0.09) |
Gdpcapita | −0.76 (0.60) | −1.45 (1.27) | −0.02 (0.1) | −0.11 (0.48) | 0.18 (0.95) | 0.04 (0.08) | −0.57*** (0.20) | −1.20** (0.51) | 0.06* (0.04) |
Gdpgrowth | 0.15 (0.12) | 0.18 (0.14) | −0.00** (0.00) | 0.13 (0.09) | 0.10 (0.11) | 0.014* (0.08) | 0.01 (0.05) | 0.07 (0.06) | 0.01* (0.11) |
Fof | −0.0003 (0.04) | 0.01 (0.04) | −0.09*** (0.03) | −0.02 (0.03) | −0.01 (0.03) | 0.07***(0.02) | 0.01 (0.01) | 0.02 (0.02) | −0.005 (0.675) |
Ei | 0.26*** (0.04) | 0.16*** (0.05) | 0.24*** (0.04) | 0.14*** (0.03) | 0.09** (0.04) | 0.12*** (0.03) | 0.11*** (0.02) | 0.06*** (0.02) | 0.06*** (0.02) |
Constant | 15.25** (6.14) |  | 6.91*** (1.39) | 8.55* (4.89) |  | 5.53*** (1.43) | 5.52** (2.15) |  | −4.2* (2.43) |
R-squared | 0.53 | 0.18 | Â | 0.39 | 0.09 | Â | 0.61 | 0.4 | Â |
F statistic | 141.77*** | 3.56*** | 60.14 (df = 6, 75) | 78.04*** | 1.65 | 27.66 (df = 6, 74) | 195.85*** | Â | 84.62 (df = 6, 74) |
Observations | 82 | 82 | 82 | 82 | 82 | 82 | 82 | 82 | 82 |