Table 3. Results of simultaneous...

Table 3.

Results of simultaneous equation model

	Social entrepreneurship
	(1) Total		(2) Female		(3) Male		(4) Traditional entrepreneurship
	Estimation	dy/dx	Estimation	dy/dx	Estimation	dy/dx	Estimation	dy/dx
Postmaterialism	0.063*** (0.019)	0.001*** (0.000)	0.139*** (0.035)	0.000*** (0.000)	0.026 (0.022)	0.000 (0.000)	−0.007 (0.006)	−0.001 (0.001)
Altruism	0.408*** (0.076)	0.006*** (0.002)	0.365*** (0.122)	0.002* (0.002)	0.369*** (0.084)	0.004*** (0.001)	0.419*** (0.024)	0.101*** (0.007)
Member of a social organization	−0.023 (0.059)	−0.000 (0.000)	−0.019 (0.099)	−0.000 (0.000)	−0.052 (0.065)	−0.000 (0.000)	0.273*** (0.015)	0.059 (0.004)
Well-being	0.130*** (0.031)		0.079 (0.052)		0.158*** (0.033)		−0.089*** (0.009)
Gender	0.394*** (0.050)	0.004*** (0.000)					0.399*** (0.013)	0.079*** (0.003)
Constant	−3.736*** (0.161)		−3.871*** (0.271)		−3.669*** (0.174)		−1.004 (0.043)
Probability	0.003		0.001		0.002		0.116
Log likelihood	−1,406.779		−451.149		−1,127.647		−25,039.771
LR X2	137.580		30.280		43.810		1,774.510
Pseudo R²	0.047		0.033		0.019		0.034
Individual economic well-being
Social entrepreneurship	0.186*** (0.038)
Female social entrepreneur			0.182*** (0.055)
Male social entrepreneur					0.223** (0.099)
Traditional entrepreneurism							0.121*** (0.030)
Savings	1.246*** (0.020)		1.254*** (0.023)		1.234*** (0.026)		1.268*** (0.016)
Education	0.655*** (0.018)		0.684*** (0.021)		0.654*** (0.023)		0.732*** (0.018)
Age2	−0.000*** (0.000)		−0.000*** (0.000)		−0.000*** (0.000)		−0.000*** (0.000)
Constant	4.995*** (0.106)		5.039*** (0.169)		5.112*** (0.282)		4.589*** (0.033)
No. observations	61,445		66,194		64,487		69,236
R²-adjusted	0.123		0.128		0.128		0.127

	Social entrepreneurship
	(1) Total		(2) Female		(3) Male		(4) Traditional entrepreneurship
	Estimation	dy/dx	Estimation	dy/dx	Estimation	dy/dx	Estimation	dy/dx
Postmaterialism	0.063*** (0.019)	0.001*** (0.000)	0.139*** (0.035)	0.000*** (0.000)	0.026 (0.022)	0.000 (0.000)	−0.007 (0.006)	−0.001 (0.001)
Altruism	0.408*** (0.076)	0.006*** (0.002)	0.365*** (0.122)	0.002* (0.002)	0.369*** (0.084)	0.004*** (0.001)	0.419*** (0.024)	0.101*** (0.007)
Member of a social organization	−0.023 (0.059)	−0.000 (0.000)	−0.019 (0.099)	−0.000 (0.000)	−0.052 (0.065)	−0.000 (0.000)	0.273*** (0.015)	0.059 (0.004)
Well-being	0.130*** (0.031)		0.079 (0.052)		0.158*** (0.033)		−0.089*** (0.009)
Gender	0.394*** (0.050)	0.004*** (0.000)					0.399*** (0.013)	0.079*** (0.003)
Constant	−3.736*** (0.161)		−3.871*** (0.271)		−3.669*** (0.174)		−1.004 (0.043)
Probability	0.003		0.001		0.002		0.116
Log likelihood	−1,406.779		−451.149		−1,127.647		−25,039.771
LR X2	137.580		30.280		43.810		1,774.510
Pseudo R²	0.047		0.033		0.019		0.034
Individual economic well-being
Social entrepreneurship	0.186*** (0.038)
Female social entrepreneur			0.182*** (0.055)
Male social entrepreneur					0.223** (0.099)
Traditional entrepreneurism							0.121*** (0.030)
Savings	1.246*** (0.020)		1.254*** (0.023)		1.234*** (0.026)		1.268*** (0.016)
Education	0.655*** (0.018)		0.684*** (0.021)		0.654*** (0.023)		0.732*** (0.018)
Age2	−0.000*** (0.000)		−0.000*** (0.000)		−0.000*** (0.000)		−0.000*** (0.000)
Constant	4.995*** (0.106)		5.039*** (0.169)		5.112*** (0.282)		4.589*** (0.033)
No. observations	61,445		66,194		64,487		69,236
R²-adjusted	0.123		0.128		0.128		0.127

Notes:

* p < 0.10; ** p < 0.05; *** p < 0.01.

Corrected standard errors in parentheses

Source: Authors’ own work

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