The Impact of Regional Factors on the Start-Up Ratio in Japan*
利用两个不同区域层级的数据集，分析了需求、成本、人力资源、金融、产业集聚与结构等因素对日本创业率的影响，发现市级层面所有因素都显著，但更大经济区层面部分因素不显著。
We analyze regional factors of the start-up ratio in Japan using two datasets with different regional aggregation levels. The explanatory variables represent demand, cost, human resource, financial, industry agglomeration and industrial structure, and other factors. The empirical results demonstrate that even though all these factors significantly affect the start-up ratio at the municipality level, some of these factors are not significant at a larger economic area level. In particular, we obtained evidence that human resource factors, together with the average wage and average size of establishments, are important determinants of the regional start-up ratio in both the samples.