The importance of capital in closing the entrepreneurial gender gap: a longitudinal study of lottery wins - Archive ouverte HAL Accéder directement au contenu
Article Dans Une Revue Journal of Economic Behavior and Organization Année : 2021

The importance of capital in closing the entrepreneurial gender gap: a longitudinal study of lottery wins

Résumé

Can capital constraints explain why there are more male than female entrepreneurs in most societies? We study this issue by exploiting longitudinal data on lottery winners. Comparing between large to small winners, we find that an increase in lottery win in period t-1 significantly increases the likelihood of becoming self-employed in period t. This windfall effect is statistically the same in magnitude for men and women; a one percent increase in exogenous income increases the probability of female selfemployment by 0.6 percentage points, which is approximately 10% of the gender entrepreneurial gap. These results suggest that we can causally reduce the gender entrepreneurial gap by improving women's access to capital that might not be as readily available to the aspiring female entrepreneurs as it is to male entrepreneurs.
Fichier principal
Vignette du fichier
draft_270521_rr3.pdf (1.43 Mo) Télécharger le fichier
Origine : Fichiers produits par l'(les) auteur(s)

Dates et versions

halshs-03472910 , version 1 (09-12-2021)

Identifiants

Citer

Sarah Flèche, Anthony Lepinteur, Nattavudh Powdthavee. The importance of capital in closing the entrepreneurial gender gap: a longitudinal study of lottery wins. Journal of Economic Behavior and Organization, 2021, 188, pp.591-607. ⟨10.1016/j.jebo.2021.05.038⟩. ⟨halshs-03472910⟩

Relations

85 Consultations
53 Téléchargements

Altmetric

Partager

Gmail Facebook X LinkedIn More