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Table 2 Mean separation test in the survival rate of firms between micro and small enterprises

From: Correlates of business survival: empirical evidence on youth-owned micro and small enterprises in Urban Ethiopia

  

Survival

Drop-out

Variable

All MSEs

Micro

Small

P value

Micro

Small

P value

 Socio-demographic and economic

  Dummy for female

0.255

0.279

0.157

0.0000

0.466

0.212

0.0004

  Age of the firm owner at the time of establishment

24

24

24

0.4566

26

26

0.2673

  Dummy for elementary education attainment

0.249

0.247

0.231

0.3198

0.291

0.273

0.3979

  Dummy for college diploma and above attainment

0.166

0.172

0.170

0.4750

0.0126

0.167

0.2327

  Dummy for TVET education

0.100

0.109

0.118

0.3624

0.029

0.030

0.4826

  Dummy for active in a labor market prior to the new business

0.514

0.543

0.502

0.1405

0.447

0.470

0.3852

  Dummy for self-employment experience prior to the new business

0.122

0.105

0.134

0.1113

0.155

0.136

0.3682

  Dummy for apprentice experience prior to the new business

0.024

0.350

0.314

0.1500

0.370

0.200

0.0087

  Dummy for business experience prior to the new business

0.501

0.521

0.471

0.0836

0.485

0.515

0.3541

  Dummy for entrepreneurship training prior to the new business

0.143

0.131

0.183

0.0242

0.126

0.076

0.1512

  Dummy for short-term training prior to the new business

0.350

0.264

0.418

0.0000

0.398

0.561

0.0194

  Dummy for opportunity motivation

0.690

0.781

0.644

0.0000

0.612

0.379

0.0015

 Firm specific

  Dummy for large start-up capital (more than 100,000)

0.055

0.024

0.111

0.0000

0.039

0.045

0.4172

  Dummy for micro start-up capital (less than 25,000)

0.833

0.906

0.729

0.0000

0.874

0.742

0.0146

  Dummy for sole proprietorship start-up

0.383

0.541

0.183

0.0000

0.466

0.061

0.0000

  Dummy for cooperative start-up

0.262

0.122

0.418

0.0000

0.175

0.667

0.0000

  Dummy for metal and wood work

0.258

0.294

0.271

0.2470

0.155

0.106

0.1825

  Dummy for leather products

0.015

0.017

0.013

0.3266

0.000

0.03

0.0382

  Dummy for textile and cloth

0.048

0.051

0.059

0.3307

0.000

0.045

0.0145

  Dummy for construction

0.197

0.146

0.271

0.0000

0.136

0.303

0.0040

  Dummy for service

0.114

0.127

0.069

0.0048

0.204

0.091

0.0255

  Dummy for product provider

0.705

0.670

0.807

0.0000

0.544

0.727

0.0083

  Dummy for support beneficiary

0.661

0.556

0.794

0.0000

0.592

0.894

0.0000

  Dummy for registered during establishment

0.81

0.755

0.912

0.0000

0.718

0.864

0.0137

  Number of observation

 

466

306

 

103

66

 
  1. Backgrounds are found from the retrospective information. Numbers are shares unless stated otherwise. P value is the lowest level of significance at which the null hypothesis (the difference in mean is equal to zero) is rejected