Table 4.

Effect of household characteristics on enterprise performance

Explanatory variablesDependent variable: income from enterprise (ln)
(1)(2)(3)(4)(5)
Factor0.040*** (0.005)0.060*** (0.008)0.206*** (0.022)0.516*** (0.083)−0.146* (0.082)
SCE−1.252*** (0.096)−1.432*** (0.101)−1.390*** (0.087)−1.331*** (0.139)−1.466*** (0.116)
Factor * SCE0.008 (0.011)0.032** (0.015)0.010 (0.051)0.056 (0.144)0.195 (0.129)
No. of adults0.025*** (0.009)0.006 (0.009)−0.011 (0.010)0.022** (0.009)0.024** (0.012)
No. of children0.047*** (0.012)0.092*** (0.013)0.039*** (0.011)0.040*** (0.012)0.050*** (0.015)
Constant9.942*** (0.255)9.855*** (0.248)10.186*** (0.240)9.858*** (0.262)10.695*** (0.219)
Observations3,0843,1783,1783,0871,997
Number of households1,6231,6281,6281,6231,261
Industry-yearYesYesYesYesYes
Social group-yearYesYesYesYesYes
Urban-yearYesYesYesYesYes
State-yearYesYesYesYesYes

Note(s): Standard errors in parentheses ***p < 0.01; **p < 0.05 and *p < 0.1;

The factors included in each column are as follows;

(1) H1aFactor: education of the enterprise decision-maker (entrepreneur);

(2) H1cFactor: average education of all household members;

(3) H2aFactor: no. of family members in the enterprise;

(4) H3aFactor: gender (of the enterprise decision-maker) (1 = male);

(5) H6aFactor: type of industry: retail = 1; manufacturing = 0

Source(s): Authors’ own work

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