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Entrepreneurship and gender: differential access to finance and divergent business value.
- Source :
- Oxford Review of Economic Policy; Winter2018, Vol. 34 Issue 4, p584-596, 13p, 1 Black and White Photograph, 3 Charts, 1 Graph
- Publication Year :
- 2018
-
Abstract
- In this paper we examine differences in access to finance and business value by gender. Using recent data from the German Socio-Economic Panel, instrumented linear probability models show that an increase in personal wealth substantially affects the probability of being a business owner only among females. This is indicative of differential access to finance by gender. Among business owners, fixed-effects regressions reveal that obtaining a bank loan increases mean total business value more for females than for males. Thus, possession of a bank loan appears to be a critical factor in explaining the business value gender gap. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 0266903X
- Volume :
- 34
- Issue :
- 4
- Database :
- Complementary Index
- Journal :
- Oxford Review of Economic Policy
- Publication Type :
- Academic Journal
- Accession number :
- 131878362
- Full Text :
- https://doi.org/10.1093/oxrep/gry017