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Table 5 Relationship between Greenfield investment and entrepreneurship during crisis

From: The impact of Greenfield investment on domestic entrepreneurship

  Tea Opportunity Necessity
  (1)
Random
(2)
Fixed
(4)
Random
(5)
Fixed
(7)
Random
(8)
Fixed
Lngreen −0.03
(0.22)
0.14
(0.23)
0.07
(0.16)
0.24
(0.18)
-0.06
(0.10)
0.02
(0.13)
Gdpcapita −2.50***
(0.85)
5.80**
(2.46)
−1.10*
(0.62)
5.27***
(1.86)
−1.07***
(0.33)
0.80
(1.42)
Gdpgrowth −0.15**
(0.07)
-0.02
(0.07)
−0.11**
(0.05)
−0.01
(0.05)
−0.06
(0.04)
−0.04
(0.04)
Fof −0.002
(0.04)
−0.08*
(0.04)
0.01
(0.03)
−0.05
(0.03)
−0.01
(0.02)
−0.03
(0.02)
Ei 0.10*
(0.06)
−0.09
(0.06)
0.07*
(0.04)
−0.06
(0.05)
0.06**
(0.02)
−0.05
(0.04)
Constant 33.36***
(8.41)
  15.75**
(6.16)
  13.15***
(3.41)
 
R-squared 0.39 0.37 0.27 0.44 0.50 0.24
F statistic 41.86*** 2.78** 23.45*** 3.76** 63.97*** 1.51
Observations 73 73 71 71 71 71
  1. Note: *p < 0.1; **p < 0.05; ***p < 0.01