Determinants of the entrepreneurial gender gap in Latin America

This paper identifies a set of factors associated with the decision to become an entrepreneur and the variables that account for the gender gap in entrepreneurial activity in Latin America. We estimate logit models for entrepreneurial activity under three different definitions of an entrepreneur. We...

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Autores:
Bernat Díaz, Luisa Fernanda
Palacios, Paola
Lambardi, Germán Daniel
Tipo de recurso:
Article of investigation
Fecha de publicación:
2017
Institución:
Universidad ICESI
Repositorio:
Repositorio ICESI
Idioma:
eng
OAI Identifier:
oai:repository.icesi.edu.co:10906/81745
Acceso en línea:
https://www.scopus.com/inward/record.uri?eid=2-s2.0-84980027959&doi=10.1007%2fs11187-016-9789-7&partnerID=40&md5=9b48580e92388193a6ffbbed1f898505
http://hdl.handle.net/10906/81745
http://dx.doi.org/10.1007/s11187-016-9789-7
Palabra clave:
Emprendimiento
Análisis de descomposición
Economía
Economic
Rights
openAccess
License
https://creativecommons.org/licenses/by-nc-nd/4.0/
Description
Summary:This paper identifies a set of factors associated with the decision to become an entrepreneur and the variables that account for the gender gap in entrepreneurial activity in Latin America. We estimate logit models for entrepreneurial activity under three different definitions of an entrepreneur. We also estimate the gender gap by using Fairlie’s decomposition method. Depending on the definition of entrepreneur used, the overall gender gap varies from 4 to 13 % points. Differences in observable characteristics explain between 23 and 38 % of the total gender gap. The factors that explain both entrepreneurial activity and gender gap are: education, risk tolerance; own car as primary means of transportation; work satisfaction; and parent business ownership. Variables such as age, access to loans, and need for achievement are significantly associated with entrepreneurial activity, but they play a negligible role in explaining the gender gap. © 2016, Springer Science+Business Media New York.