A Systems View Across Time and Space
Table 6 Relationship between Greenfield investment and entrepreneurship after-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 |  |  | −0.42*** (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) | Â | 7.82*** (1.89) | 10.24*** (2.82) | Â | 5.71*** (2.22) | 11.59*** (1.33) | Â | 9.14*** (3.11) |
R-squared | 0.54 | 0.21 | Â | 0.47 | 0.12 | Â | 0.57 | 0.12 | Â |
F statistic | 576.76*** | 21.11*** | Â | 308.91*** | 7.12*** | Â | 452.06*** | 7.50*** | Â |
Observations | 491 | 491 | 373 | 354 | 354 | 253 | 354 | 354 | 253 |