Analyses of Business Dissolution by Demographic Category of Business Ownership

摘要

How do the survival prospects of new businesses vary across demographic (racial,ethnic, and/or gender) categories of business ownership. This study examines the survival prospects of business started in 1992 for four different, mutually exclusive classifications of business ownership-namely, White, non-Hispanics; White, Hispanics; Blacks; and Asian and other minorities. Regression-like proportional hazard models were specified and estimated to produce insight into the ceteris paribus impact of certain business, industry, and geographic characteristics on businesses' risk of dissolution over the 1992-1996 time period.