贸易开放是否影响全球创业发展?来自金砖国家的证据

IF 2 0 ECONOMICS Annals of Financial Economics Pub Date : 2023-04-29 DOI:10.1142/s201049522350001x
Md. Mominur Rahman, Bishawjit Chandra Deb, Muhammad Shajib Rahman, M. Uddin, Muhammad Ramzan, Mohammad Jubair Hossain, Gias Uddin
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引用次数: 2

摘要

新兴国家更注重跨国界的创新商业活动,以促进经济发展。此外,最近金砖国家开始出现贸易开放。因此,全球创业发展对贸易开放国家来说是一个巨大的机遇。据此,本研究旨在考察贸易开放对金砖国家全球创业发展的影响。本研究收集了2001-2020年金砖国家的平衡面板数据,并应用随机效应估计对数据进行分析。在应用估计模型之前,研究驱动了横断面相关性检验、单位根检验和模型规格检验。本研究通过FMOLS和DOLS等替代估计方法进一步检验了结果的稳健性,发现了类似的结果。结果表明,贸易开放对全球企业家精神的发展有积极影响,但平均关税会阻碍企业家精神的发展。具体而言,通过贸易传播、贸易自由和平均关税实现的贸易开放增加了金砖国家的早期创业活动总量和创业意向率。通过跨国分析,研究发现贸易开放显著促进了巴西、印度、中国和南非的全球创业发展,而不是俄罗斯。通过FMOLS和DOLS等替代估计方法检查结果的稳健性后,研究发现了类似的结果。因此,这些发现可能为金砖国家的政策制定者提供很好的见解。各国政府、学术界、国际企业家等可以在未来的决策中使用这些发现作为政策对话。
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Does Trade Openness Affect Global Entrepreneurship Development? Evidence from BRICS Countries
Emerging nations focus more on new and innovative business activities across national borders for economic advancement. Further, trade openness has recently emerged in BRICS countries. Thus, global entrepreneurship development can be a great opportunity for the traded open countries. In line with this, the study aims to examine the impact of trade openness on global entrepreneurship development in BRICS countries. The study collected balanced-panel data from BRICS countries for 2001–2020 and applied random-effects estimation to analyze the data. The study drives a cross-sectional dependence test, unit root test, and model specification test before applying the estimated model. The study further checked the robustness of the findings by alternative estimation methods like FMOLS and DOLS and found similar results. The results revealed that trade openness positively influences global entrepreneurship development, but average tariffs can discourage entrepreneurs. Specifically, trade openness through trade spread, trade freedom, and average tariffs increase the total early-stage entrepreneurial activities and entrepreneurial intentions rate in BRICS countries. Through cross-country analysis, the study found that trade openness significantly enhances global entrepreneurship development in Brazil, India, China, and South Africa rather than in Russia. The study found similar results after checking the robustness of the findings by alternative estimation methods like FMOLS and DOLS. Thus, the findings could be a great insight for the policymakers of BRICS countries. Governments, academics, international entrepreneurs, etc., can use the findings in future decisions as a policy dialogue.
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来源期刊
CiteScore
6.60
自引率
55.00%
发文量
30
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