Female-owned firms in Latin America: characteristics, performance, and obstacles to growth

Miriam Bruhn

No 5122, Policy Research Working Paper Series from The World Bank

Abstract: This paper examines the characteristics and performance of female-owned firms in Latin America. Data from firm surveys show that female-owned firms tend to be smaller than male-owned firms in terms of employees, sales, costs, and physical capital. Female-owned firms also have lower profits than male-owned firms, but for larger firms this difference disappears after controlling for labor and capital inputs. Medium-size and large female-owned firms are as productive as male-owned firms of the same size, although micro and small female-owned firms are less productive than male-owned firms. There is no evidence that the differences between female and male-owned firms are due to differences in access to finance or regulatory burdens. However, this paper finds a negative correlation between child care and household obligations and female-owned firm size and performance.

Date: 2009-11-01
New Economics Papers: this item is included in nep-cse, nep-dev, nep-lab and nep-mfd
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Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbrwps:5122

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