Effect of household characteristics on enterprise performance
| Explanatory variables | Did business fail in 2011? (1 = yes) | ||||
|---|---|---|---|---|---|
| (1) | (2) | (3) | (4) | (5) | |
| Factor | −0.011 (0.007) | −0.036*** (0.012) | −0.238*** (0.039) | −0.454*** (0.111) | −0.128 (0.094) |
| SCE | −0.041 (0.129) | 0.057 (0.131) | 0.138* (0.078) | −0.355** (0.172) | 0.018 (0.174) |
| Factor * SCE | −0.016 (0.014) | −0.031 (0.020) | −0.169 (0.135) | 0.297* (0.173) | −0.024 (0.179) |
| IHS enterprise income | −0.140*** (0.019) | −0.115*** (0.017) | −0.097*** (0.017) | −0.130*** (0.019) | −0.109*** (0.022) |
| IHS household income | 0.007 (0.015) | 0.021 (0.014) | 0.020 (0.014) | 0.006 (0.015) | 0.002 (0.018) |
| IHS household consumption | −0.047 (0.040) | −0.006 (0.037) | −0.038 (0.035) | −0.059 (0.039) | −0.007 (0.043) |
| No. of adults | 0.018 (0.014) | 0.021 (0.014) | 0.039*** (0.014) | 0.021 (0.014) | 0.016 (0.017) |
| No. of children | 0.001 (0.016) | −0.026 (0.018) | 0.005 (0.016) | 0.003 (0.016) | −0.001 (0.021) |
| Constant | 2.723*** (0.481) | 2.076*** (0.433) | 2.147*** (0.429) | 2.990*** (0.481) | 1.347** (0.526) |
| Observations | 2,591 | 2,783 | 2,783 | 2,596 | 1,615 |
| Industry | Yes | Yes | Yes | Yes | Yes |
| Social group | Yes | Yes | Yes | Yes | Yes |
| Urban | Yes | Yes | Yes | Yes | Yes |
| State | Yes | Yes | Yes | Yes | Yes |
| Explanatory variables | Did business fail in 2011? (1 = yes) | ||||
|---|---|---|---|---|---|
| (1) | (2) | (3) | (4) | (5) | |
| Factor | −0.011 (0.007) | −0.036 | −0.238 | −0.454 | −0.128 (0.094) |
| SCE | −0.041 (0.129) | 0.057 (0.131) | 0.138 | −0.355 | 0.018 (0.174) |
| Factor * SCE | −0.016 (0.014) | −0.031 (0.020) | −0.169 (0.135) | 0.297 | −0.024 (0.179) |
| IHS enterprise income | −0.140 | −0.115 | −0.097 | −0.130 | −0.109 |
| IHS household income | 0.007 (0.015) | 0.021 (0.014) | 0.020 (0.014) | 0.006 (0.015) | 0.002 (0.018) |
| IHS household consumption | −0.047 (0.040) | −0.006 (0.037) | −0.038 (0.035) | −0.059 (0.039) | −0.007 (0.043) |
| No. of adults | 0.018 (0.014) | 0.021 (0.014) | 0.039 | 0.021 (0.014) | 0.016 (0.017) |
| No. of children | 0.001 (0.016) | −0.026 (0.018) | 0.005 (0.016) | 0.003 (0.016) | −0.001 (0.021) |
| Constant | 2.723 | 2.076 | 2.147 | 2.990 | 1.347 |
| Observations | 2,591 | 2,783 | 2,783 | 2,596 | 1,615 |
| Industry | Yes | Yes | Yes | Yes | Yes |
| Social group | Yes | Yes | Yes | Yes | Yes |
| Urban | Yes | Yes | Yes | Yes | Yes |
| State | Yes | Yes | Yes | Yes | Yes |
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) H1a – Factor = education of the enterprise decision-maker (entrepreneur);
(2) H1c – Factor = average education of all household members;
(3) H2 – Factor = no. of family members in the enterprise;
(4) H3 – Factor = gender (of the enterprise decision-maker) (1 = male);
(5) H6 – Factor: type of industry: retail = 1; manufacturing = 0