Factors Associated with Latino-Owned Business Survival in the United States

This article uses 127,000 observations from three confidential Census microdata sets at the individual firm and establishment level to investigate Latino-owned business survival. The merged microdata allows us to control for a wide array of personal, business, and regional characteristics. The analy...

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Bibliographic Details
Published inThe Review of regional studies Vol. 49; no. 1
Main Authors Carpenter, Craig Wesley, Loveridge, Scott
Format Journal Article
LanguageEnglish
Published 01.01.2019
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Summary:This article uses 127,000 observations from three confidential Census microdata sets at the individual firm and establishment level to investigate Latino-owned business survival. The merged microdata allows us to control for a wide array of personal, business, and regional characteristics. The analysis is based on hazard model. Relative to base categories, we find the following decrease in the odds of survival: Latina-owned, Puerto Rican owned, and selling to the federal government. Owner education and low barrier sectors have no effect, while start-up from personal savings increase the odds by 4 percent. The findings inform ways to expand regional economies through businesses operated by Latinos.
ISSN:0048-749X
1553-0892
DOI:10.52324/001c.7933