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Does Gender Matter for Firm Performance? Evidence from the East European and Central Asian Region

SSRN Electronic Journal
2008
  • 4
    Citations
  • 2,074
    Usage
  • 17
    Captures
  • 0
    Mentions
  • 0
    Social Media
Metric Options:   Counts1 Year3 Year

Metrics Details

  • Citations
    4
    • Citation Indexes
      4
  • Usage
    2,074
    • Abstract Views
      1,930
    • Downloads
      144
  • Captures
    17
    • Readers
      16
    • Exports-Saves
      1
      • SSRN
        1
  • Ratings
    • Download Rank
      408,585

Article Description

Using 2005 firm level data for 26 ECA countries, this paper estimates performance gaps between male- and female-owned businesses, while controlling for their location by industry and country. We find that female entrepreneurs have significantly smaller scale of operations (as measured by sales revenues) and are less efficient in terms of Total Factor Productivity (TFP), although this difference is very small. However, they generate the same amount of profit per unit of revenue as men. We find that while both male and female entrepreneurs in ECA are sub-optimally small, women's returns to scale are significantly larger than men's implying that they would gain more from increasing their scale. We argue that the main reasons for the sub-optimal size of female-owned firms are that they are both capital constrained and concentrated in industries with small firms.

Bibliographic Details

Shwetlena Sabarwal; Katherine Terrell

Elsevier BV

Entrepreneurship; Finance; Gender; Eastern Europe and Central Asia

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