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Female Entrepreneurship and Marriage: Does Individualism Matter?

Female Entrepreneurship and Marriage: Does Individualism Matter? The findings with regard to the impact of marital status on female entrepreneurs are ambiguous. Using an extensive individual-level data across countries over six time waves from 1981 to 2014, the article explores the role of a cultural trait—individualism—in affecting the relationship between married females and their self-employment rates. Our results show that for less individualistic societies, married females are 4.3% less likely to be self-employed. For highly individualistic societies, married females are 3.9% less likely to be self-employed. So individualism helps by lessening the magnitude by which the probability for a married female to be self-employed goes down. Identification is established via mitigating omitted variable bias, presenting inverse probability weight estimates and, finally, considering instrumental variable estimates.JEL Classification: L26, O11, Z10 http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png South Asian Journal of Macroeconomics and Public Finance SAGE

Female Entrepreneurship and Marriage: Does Individualism Matter?

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Publisher
SAGE
Copyright
© 2022 The Author(s)
ISSN
2277-9787
eISSN
2321-0273
DOI
10.1177/22779787211064505
Publisher site
See Article on Publisher Site

Abstract

The findings with regard to the impact of marital status on female entrepreneurs are ambiguous. Using an extensive individual-level data across countries over six time waves from 1981 to 2014, the article explores the role of a cultural trait—individualism—in affecting the relationship between married females and their self-employment rates. Our results show that for less individualistic societies, married females are 4.3% less likely to be self-employed. For highly individualistic societies, married females are 3.9% less likely to be self-employed. So individualism helps by lessening the magnitude by which the probability for a married female to be self-employed goes down. Identification is established via mitigating omitted variable bias, presenting inverse probability weight estimates and, finally, considering instrumental variable estimates.JEL Classification: L26, O11, Z10

Journal

South Asian Journal of Macroeconomics and Public Finance – SAGE

Published: Jun 1, 2023

Keywords: Female entrepreneurship; self-employment; married females; culture; individualism; individual-level panel data

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