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Women business owners: a source of stability during the great recession?

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  • Steven C. Deller
  • Tessa Conroy
  • Philip Watson

Abstract

During the period of the Great Recession, previous research has found that women-owned firms were less likely to lay-off workers than were firms owned by men. Given that the individual firm behaviour has a cumulative effect on regional economic performance, we expect greater stability across those regions with a larger share of women-owned and managed businesses. We test this hypothesis using US county data during the period from 2007 to 2013 at the US county level. Consistent with the findings of Matsa and Miller, our results suggest that regional economic stability increases with the share of women-owned and managed establishments.

Suggested Citation

  • Steven C. Deller & Tessa Conroy & Philip Watson, 2017. "Women business owners: a source of stability during the great recession?," Applied Economics, Taylor & Francis Journals, vol. 49(56), pages 5686-5697, December.
    • Handle: RePEc:taf:applec:v:49:y:2017:i:56:p:5686-5697
    DOI: 10.1080/00036846.2017.1332745
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    Cited by:

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    3. Reuschke, Darja & Henley, Andrew & Daniel, Elizabeth & Price, Victoria, 2021. "Testing the Differential Impact of COVID-19 on Self-Employed Women and Men in the United Kingdom," IZA Discussion Papers 14216, Institute of Labor Economics (IZA).
    4. Deller, Steven & Conroy, Tessa, 2015. "An Exploratory Analysis of Women Farmers and Rural Economic Growth and Development," Staff Paper Series 580, University of Wisconsin, Agricultural and Applied Economics.
    5. Jing Chen, 2020. "The Impact of Cluster Diversity on Economic Performance in U.S. Metropolitan Statistical Areas," Economic Development Quarterly, , vol. 34(1), pages 46-63, February.
    6. Schmidt, Claudia & Goetz, Stephan J. & Tian, Zheng, 2021. "Female farmers in the United States: Research needs and policy questions," Food Policy, Elsevier, vol. 101(C).
    7. Josh Matti & Amir B. Ferreira Neto, 2023. "Consolidated city–county governments and economic stability," Economics of Governance, Springer, vol. 24(3), pages 263-286, September.
    8. Tessa Conroy & Steven Deller & Philip Watson, 2021. "Regional income inequality: a link to women-owned businesses," Small Business Economics, Springer, vol. 56(1), pages 189-207, January.
    9. Tessa Conroy & Sarah A. Low, 2022. "Entrepreneurship, Broadband, and Gender: Evidence from Establishment Births in Rural America," International Regional Science Review, , vol. 45(1), pages 3-35, January.

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