Income Utility of Female Entrepreneurs’ Households Cover Image

Użyteczność dochodu gospodarstw domowych kobiet prowadzących działalność gospodarcz
Income Utility of Female Entrepreneurs’ Households

Author(s): Elżbieta Szczygieł, Teresa Piecuch
Subject(s): Economy, Micro-Economics
Published by: Uniwersytet Warszawski - Wydział Nauk Ekonomicznych
Keywords: utility of income; income assessments; income distribution; conducting own business; women; entrepreneurship

Summary/Abstract: This article is concerned with income utility of female entrepreneurs. It presents results of a study conducted among more than 150 women from Podkarpackie Region belonging to two groups: not planning to start their own business, and already engaged in these activities. The aim of this article is to show the relationship between entrepreneurial status and assessment of income utility in women`s households. Collected data were subject to statistical analysis including presentation of income distribution parameters in both groups, and estimating the parameters of the utility function of income based on van Praag’s model using a log-normal distribution. The results confirmed the hypothesis that compared to the group of non-entrepreneurs, women running their own business would require a higher income level to report the same level of utility.

  • Issue Year: 2015
  • Issue No: 41
  • Page Range: 95-115
  • Page Count: 21
  • Language: Polish