Panel Data Models of New Firm Formation in New England
Panel Data Models of New Firm Formation in New England
复制标题
新英格兰新公司组建的面板数据模型
DOI：
10.18335/region.v4i3.167
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发表时间：
2017
期刊：
影响因子：
--
通讯作者：
K. Haynes
中科院分区：
文献类型：
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作者：
Jitendra Parajuli;K. Haynes
本研究考察了1999年至2009年新英格兰县一级新企业形成的决定因素的影响。基于考虑溢出效应的空间杜宾面板模型，发现人口密度和人力资本对一个县及其邻近地区的单位企业出生率有正向影响。人口增长率对新企业的形成也有显著的正向影响，但主要来自空间溢出。相反，就业规模和失业率方面的大企业与小企业的比例对县内和相邻企业之间的单位企业出生率产生负面影响。而地方金融资本和个人收入增长对新企业形成的影响不显著。
This study examines the impact of the determinants of new firm formation in New England at the county level from 1999 to 2009. Based on the Spatial Durbin panel model that accounts for spillover effects, it is found that population density and human capital positively affect single-unit firm births within a county and its neighbors. Population growth rate also exerts a significant positive impact on new firm formation, but most of the effect is from spatial spillovers. On the contrary, the ratio of large to small firm in terms of employment size and unemployment rate negatively influence single-unit firm births both within counties and among neighbors. However, there is no significant impact of local financial capital and personal income growth on new firm formation.