Income Mobility of Owners of Small Businesses when Boundaries between Occupations are Vague



Table 10. Relationship between upward mobility and business ownership. Results for marginal
effects based on random effects probit estimations of yearly transitions, for two
definitions of owners of small businesses. Quintile and decile specifications, standard
errors in parentheses

Quintile specification

Decile specification

Owners of small
businesses,
narrow
definition

Owners of small
businesses, wide
definition

Owners of small
businesses,
narrow
definition

Owners of small
businesses, wide
definition

Ownership of small
business

0.033 (3.4×10-4)

0.038 (3.4×10-4)

0.013 (1.6×10-4)

0.016 (1.7×10-4)

Age

-2.0×10-4

(1.0×10-5)

-2.0×10-4
(1.0×10-5)

3.7×10-5
(1.0×10-6)

3.7×10-5
(1.0×10-6)

Male

0.029 (1.7×10-4)

0.028 (1.7×10-4)

0.009 (7.0×10-5)

0.008 (7.0×10-5)

Married

-0.006 (1.2×10-4)

-0.006 (1.2×10-4)

-3.3×10-4

(4.0×10-5)

-3.8×10-4
(4.0×10-5)

Dummy for children

0.011 (1.0×10-4)

0.011 (1.0×10-4)

0.002 (3.0×10-5)

0.002 (3.0×10-5)

Urban areas

0.011 (1.5×10-4)

0.011 (1.5×10-4)

0.004 (5.0×10-5)

0.004 (5.0×10-5)

Not born W-Europe,
N-Amer., Oceania

-0.006 (2.4×10-4)

-0.006 (2.4×10-4)

-0.002 (6.0×10-5)

-0.002 (6.0×10-5)

Length of education
Dummies for fields of
education:

0.005 (3.0×10-5)

0.005 (3.0×10-5)

0.001 (1.0×10-5)

0.001 (1.0×10-5)

General progr.

0.003 (3.3×10-4)

0.003 (3.3×10-4)

0.002 (1.3×10-4)

0.002 (1.3×10-4)

Humanities and arts

2.0×10-5
(2.8×10-4)

-3.9×10-5

(2.8×10-4)

3.6×10-4
(1.0×10-4)

3.2×10-4
(1.0×10-4)

Teacher training and
pedagogy

-0.009 (1.7×10-4)

-0.009 (1.7×10-4)

-0.002 (5.0×10-5)

-0.002 (5.0×10-5)

Social sciences and
law

-0.007 (1.9×10-4)

-0.007 (2.0×10-4)

-0.002 (6.0×10-5)

-0.002 (6.0×10-5)

Business and
administration

0.006 (3.4×10-4)

0.005 (3.3×10-4)

0.003 (1.4×10-4)

0.003 (1.3×10-4)

Natural sciences

0.002 (2.8×10-4)

0.002 (2.8×10-4)

7.7×10-4

(1.0×10-4)

7.4×10-4
(1.0×10-4)

Health, welfare and
sports

-0.003 (2.5×10-4)

-0.003 (2.5×10-4)

-1.5×10-4
(1.0×10-4)

-1.3×10-4
(1.0×10-4)

Primary industries

-0.002 (2.7×10-5)

-0.002 (2.7×10-5)

-1.0×10-4
(1.0×10-4)

-1.2×10-4
(1.0×10-4)

Transport and
communication

0.002 (3.3×10-5)

0.002 (3.3×10-5)

7.5×10-4
(1.2×10-4)

7.4×10-4
(1.2×10-4)

Rho

0.453 (0.001)

0.446 (0.001)

0.449 (0.002)

0.463 (0.001)

LR-test of rho=0

Prob>=0.000

Prob>=0.000

Prob>=0.000

Prob>=0.000

24



More intriguing information

1. The name is absent
2. Environmental Regulation, Market Power and Price Discrimination in the Agricultural Chemical Industry
3. Announcement effects of convertible bond loans versus warrant-bond loans: An empirical analysis for the Dutch market
4. Target Acquisition in Multiscale Electronic Worlds
5. A Regional Core, Adjacent, Periphery Model for National Economic Geography Analysis
6. HEDONIC PRICES IN THE MALTING BARLEY MARKET
7. The name is absent
8. Contribution of Economics to Design of Sustainable Cattle Breeding Programs in Eastern Africa: A Choice Experiment Approach
9. Can we design a market for competitive health insurance? CHERE Discussion Paper No 53
10. The name is absent