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Table 6 Relationship between Greenfield investment and entrepreneurship after-crisis period

From: The impact of Greenfield investment on domestic entrepreneurship

  Tea Opportunity Necessity
  (1)
Random
(2)
Fixed
(3)
GMM
(4)
Random
(5)
Fixed
(6)
GMM
(7)
Random
(8)
Fixed
(9)
GMM
Teat−1    −0.42***
(0.08)
      
Opportunityt−1       −0.39***
(0.1)
   
Necessityt−1          0.47***
(0.12)
Lngreen −0.24*
(0.13)
−0.53***
(0.16)
−0.42**
(0.12)
−0.06
(0.12)
−0.21
(0.16)
−0.24
(0.28)
−0.02
(0.06)
−0.20**
(0.08)
−0.12
(0.14)
Gdpcapita −0.93***
(0.35)
0.30
(1.10)
−0.15**
(0.07)
−0.33
(0.29)
2.53**
(1.12)
−0.06
(0.08)
−0.94***
(0.14)
−2.17***
(0.57)
−0.06
(0.04)
Gdpgrowth 0.01
(0.05)
−0.03
(0.05)
0.34***
(0.18)
0.05
(0.04)
0.01
(0.04)
0.06***
(0.09)
−0.02
(0.02)
−0.01
(0.02)
−0.37***
(0.1)
Fof −0.07***
(0.02)
−0.05**
(0.02)
0.11***
(0.05)
−0.06***
(0.02)
−0.02
(0.02)
0.14***
(0.04)
−0.03***
(0.01)
−0.02
(0.01)
0.04**
(0.02)
Ei 0.28***
(0.02)
0.21***
(0.02)
0.18***
(0.05)
0.18***
(0.02)
0.10***
(0.02)
0.06
(0.05)
0.09***
(0.01)
0.05***
(0.01)
0.03
(0.03)
Constant 19.36***
(3.37)
  7.82***
(1.89)
10.24***
(2.82)
  5.71***
(2.22)
11.59***
(1.33)
  9.14***
(3.11)
R-squared 0.54 0.21   0.47 0.12   0.57 0.12  
F statistic 576.76*** 21.11***   308.91*** 7.12***   452.06*** 7.50***  
Observations 491 491 373 354 354 253 354 354 253
  1. Note: *p < 0.1; **p < 0.05; ***p < 0.01