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0.1219

-0.8871

-0.6188

-0.4883

(0.0692)

(0.0936)

(0.0938)

(0.0522)

-0.1089

-0.1619

0.0998

0.0552

(0.0647)

(0.0641)

(0.0660)

(0.0463)

-0.6992

0.1609

0.3877

0.3944

(0.2990)

(0.2385)

(0.2362)

(0.1783)

-0.2708

0.0940

0.4148

0.4549

(0.0773)

(0.0650)

(0.0653)

(0.0508)

0.1140

-0.9820

-0.3814

-0.6942

(0.0271)

(0.0298)

(0.0294)

(0.0197)

-0.1603

0.3013

0.2326

0.1620

(0.0457)

(0.0515)

(0.0536)

(0.0346)

-0.1078

0.3487

0.2501

0.0781

(0.0459)

(0.0501)

(0.0522)

(0.0342)

-0.3546

0.5423

0.3235

0.2428

(0.0509)

(0.0533)

(0.0578)

(0.0373)

-0.9143

1.0396

0.9431

0.6181

(0.0586)

(0.0566)

(0.0582)

(0.0396)

0.0979

0.2261

-0.1733

0.1260

(0.0315)

(0.0313)

(0.0316)

(0.0225)

0.3535

0.1173

0.3155

0.2395

(0.0303)

(0.0296)

(0.0311)

(0.0228)

-0.2421

0.4819

0.2468

0.3862

(0.0281)

(0.0273)

(0.0291)

(0.0208)

-0.1384

0.0827

0.0064

-0.0138

(0.0338)

(0.0310)

(0.0334)

(0.0231)

-0.2227

0.1478

0.3193

0.3607

(0.0475)

(0.0365)

(0.0444)

(0.0327)

-0.7252

0.6549

1.1851

1.2058

(0.1290)

(0.0949)

(0.0867)

(0.0736)

0.2253

0.3009

0.2131

10.0995

37,156

33,804

38,020

38,020

Prior work experience in a

managerial capacity Prior work experience in a

similar business Have a self-employed family member Prior work experience in a family member's business

Inherited business

Mean of dependent variable

Sample size

Note: (1) See notes to Table 2. (2) Missing values for all independent variables are imputed. See text for more details.

(4) Ln Sales

Graduate school

Urban

College graduate

Some college

High school graduate

Female-owned business

Native American-owned business Asian-owned business

Latino-owned business

Table 3 Multiple Imputation Regressions for Small Business Outcomes Characteristics of Business Owners, 1996

Dependent variable

Black-owned business

(1)

(2)

(3)

Closure

Profits

Employer

$10,000+

Firm

Specifi

cation

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