{"title":"FDI和金融发展对东盟国家企业家精神的影响:一个面板分析","authors":"A. M. AlOmari, Trung Minh Ngo","doi":"10.1142/s1793993323500114","DOIUrl":null,"url":null,"abstract":"Entrepreneurship plays an essential role in economic development and identifying factors that incentivise entrepreneurial activity is relevant for both academia and policy. This paper investigates the impact of Foreign Direct Investment inflow (iFDI) and financial development on entrepreneurship in member countries of ASEAN for the period 2006–2020. We use common panel analysis approaches including pooled OLS, fixed, and random effects regressions to inspect the data. To address endogeneity issues, we further employ GMM estimation. Our analysis reveals that iFDI has a significant positive effect on entrepreneurship in ASEAN countries where financial development is high. The direct relationship between entrepreneurship and financial development is not significant and warrants further investigation.","PeriodicalId":44073,"journal":{"name":"Journal of International Commerce Economics and Policy","volume":"104 1","pages":""},"PeriodicalIF":1.3000,"publicationDate":"2023-04-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"The Impact of FDI and Financial Development on Entrepreneurship in ASEAN Countries: A Panel Analysis\",\"authors\":\"A. M. AlOmari, Trung Minh Ngo\",\"doi\":\"10.1142/s1793993323500114\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"Entrepreneurship plays an essential role in economic development and identifying factors that incentivise entrepreneurial activity is relevant for both academia and policy. This paper investigates the impact of Foreign Direct Investment inflow (iFDI) and financial development on entrepreneurship in member countries of ASEAN for the period 2006–2020. We use common panel analysis approaches including pooled OLS, fixed, and random effects regressions to inspect the data. To address endogeneity issues, we further employ GMM estimation. Our analysis reveals that iFDI has a significant positive effect on entrepreneurship in ASEAN countries where financial development is high. The direct relationship between entrepreneurship and financial development is not significant and warrants further investigation.\",\"PeriodicalId\":44073,\"journal\":{\"name\":\"Journal of International Commerce Economics and Policy\",\"volume\":\"104 1\",\"pages\":\"\"},\"PeriodicalIF\":1.3000,\"publicationDate\":\"2023-04-13\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of International Commerce Economics and Policy\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1142/s1793993323500114\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of International Commerce Economics and Policy","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1142/s1793993323500114","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}
The Impact of FDI and Financial Development on Entrepreneurship in ASEAN Countries: A Panel Analysis
Entrepreneurship plays an essential role in economic development and identifying factors that incentivise entrepreneurial activity is relevant for both academia and policy. This paper investigates the impact of Foreign Direct Investment inflow (iFDI) and financial development on entrepreneurship in member countries of ASEAN for the period 2006–2020. We use common panel analysis approaches including pooled OLS, fixed, and random effects regressions to inspect the data. To address endogeneity issues, we further employ GMM estimation. Our analysis reveals that iFDI has a significant positive effect on entrepreneurship in ASEAN countries where financial development is high. The direct relationship between entrepreneurship and financial development is not significant and warrants further investigation.
期刊介绍:
Journal of International Commerce, Economics and Policy (JICEP) is a peer-reviewed journal that seeks to publish high-quality research papers that explore important dimensions of the global economic system (including trade, finance, investment and labor flows). JICEP is particularly interested in potentially influential research that is analytical or empirical but with heavy emphasis on international dimensions of economics, business and related public policy. Papers must aim to be thought-provoking and combine rigor with readability so as to be of interest to both researchers as well as policymakers. JICEP is not region-specific and especially welcomes research exploring the growing economic interdependence between countries and regions.