Income Utility of Female Entrepreneurs’ Households

Elżbieta Szczygieł and Teresa Piecuch

Ekonomia journal, 2015, vol. 41

Abstract: This article is concerned with income utility of female entrepreneurs. It presents results of a study conducted among more than 150 women from Podkarpackie Region belonging to two groups: not planning to start their own business, and already engaged in these activities. The aim of this article is to show the relationship between entrepreneurial status and assessment of income utility in women`s households. Collected data were subject to statistical analysis including presentation of income distribution parameters in both groups, and estimating the parameters of the utility function of income based on van Praag’s model using a log-normal distribution. The results confirmed the hypothesis that compared to the group of non-entrepreneurs, women running their own business would require a higher income level to report the same level of utility.

Keywords: utility of income; income assessments; income distribution; conducting own business; women; entrepreneurship (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:eko:ekoeko:41_95

DOI: 10.17451/eko/41/2015/116

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