CAJ | 학술논문

本文利用中国1983-2003年省级面板数据，将企业家精神变量引入增长回归分析，实证研究了企业家的创业和创新精神对经济增长的影响。运用动态面板系统广义矩估计方法，本文估计结果显示企业家创业和创新精神对经济增长有显著的正效应。进一步的稳健性分析和工具变量估计表明，这种正效应是因果性的，即企业家精神促进了经济增长。本文的结论表明能否制定有利于发挥企业家精神的制度和政策对于经济的持续发展来说是至关重要的。
본문이용중국1983-2003년성급면판수거，장기업가정신변량인입증장회귀분석，실증연구료기업가적창업화창신정신대경제증장적영향。운용동태면판계통엄의구고계방법，본문고계결과현시기업가창업화창신정신대경제증장유현저적정효응。진일보적은건성분석화공구변량고계표명，저충정효응시인과성적，즉기업가정신촉진료경제증장。본문적결론표명능부제정유리우발휘기업가정신적제도화정책대우경제적지속발전래설시지관중요적。
This paper examines the impact of business entrepreneurship and innovation entrepreneurship on economic growth by employing Chinese provincial panel data over the period 1983-2003. We conduct the system GMM estimations within the growth framework. The estimation results show that both business entrepreneurship and innovation entrepreneurship have positive effects on economic growth, and these effects are shown to be causal after we implement a series of sensitivity and instrumental variable analyses. Our empirical results suggest that it is of vital importance for governments to frame a conducive economic environment for entrepreneurship in order to promote growth.