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(1)

(2)

(3)

(4)

-0.4950

0.7202

0.9072

0.7156

(0.0347)

(0.0327)

(0.0360)

(0.0214)

-0.7432

1.1061

1.8769

1.4676

(0.0512)

(0.0419)

(0.0428)

(0.0291)

-1.3036

0.8568

2.2787

2.1520

(0.0943)

(0.0598)

(0.0603)

(0.0422)

0.0637

-0.0532

-0.9676

-0.9204

(0.0932)

(0.0880)

(0.1021)

(0.0574)

0.2491

0.2526

-0.2151

-0.2546

(0.0546)

(0.0533)

(0.0550)

(0.0350)

-0.3550

0.1712

0.0212

-0.1055

(0.0969)

(0.0795)

(0.0788)

(0.0532)

0.0325

0.6245

-0.0038

0.6082

(0.0841)

(0.0734)

(0.0773)

(0.0518)

-0.3459

0.3690

-1.1322

-0.4926

(0.0620)

(0.0582)

(0.0665)

(0.0367)

0.3407

0.5764

-0.9290

-0.3300

(0.0740)

(0.0705)

(0.0845)

(0.0486)

0.1107

-0.2334

-0.7081

-0.7430

(0.0450)

(0.0459)

(0.0468)

(0.0286)

0.5529

0.3109

-0.7266

-0.7021

(0.0504)

(0.0524)

(0.0562)

(0.0328)

0.1124

-0.4879

-3.0834

-0.9842

(0.0751)

(0.0876)

(0.2035)

(0.0490)

0.2280

0.2975

0.2066

10.0668

33,116

30,271

33,701

33,701

Table 4 (continued) Logit and Linear Regressions for Small Business Outcomes Characteristics of Business Owners,1996

FIRE

Trans., communications, and public utilities Personal services

Professional services

Uncoded industry

Mean of dependent variable

Sample size Note: See notes to Table 2.

Explanatory Variables Startup capital:

$5,000-$24,999 Startup capital:

$25,000-$99,999 Startup capital:

$100,000 or more Agricultural services

Mining and construction

Manufacturing

Wholesale

Specification

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