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Regional deregulation and entrepreneurial growth in China's transition economy

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Regional deregulation and entrepreneurial growth in China's transition economy

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Title: Regional deregulation and entrepreneurial growth in China's transition economy
Author: Zhou, Wubiao
Copyright year: 2011
Abstract: Despite a less favourable national institutional environment, the private entrepreneurial sector has developed rapidly in China¡¯s transition economy. To resolve this puzzle, this study argues that regional deregulation plays a significant role in China¡¯s entrepreneurial growth because it stimulates free markets and lifts predatory and discriminatory regulatory policies affecting entrepreneurship. I use provincial-level panel data (1998¨C2003) for hypothesis testing. The results, based on fixed effects estimation, suggest that deregulation indeed has a significantly positive effect on entrepreneurial growth within regions. In addition, this effect is found to be stronger in earlier years, as well as among less developed, inland regions.
Subject: DRNTU::Social sciences::Economic development::China.
Type: Journal Article
Series/ Journal Title: Entrepreneurship and regional development
School: School of Humanities and Social Sciences
Rights: © 2011 Taylor & Francis.  This is the author created version of a work that has been peer reviewed and accepted for publication by Entrepreneurship and Regional Development, Taylor & Francis.  It incorporates referee’s comments but changes resulting from the publishing process, such as copyediting, structural formatting, may not be reflected in this document.  The published version is available at: [DOI: http://dx.doi.org/10.1080/08985626.2011.577816 ]
Version: Accepted version

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