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Women’s Entrepreneurship and Government Policy: Facilitating Access to Credit through a National Program in Chile

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  • Andrea Bentancor

    (Facultad de Economía y Negocios, Universidad de Talca, Talca 3460000, Chile)

Abstract

In this paper, I evaluate the impact of a multidimensional national program implemented in Chile during the second term of President Bachelet to facilitate female entrepreneurs’ access to credit, reduce gender gaps in financial inclusion, and change patriarchal stereotypes. I construct a difference-in-difference estimate of the program. My findings indicate that the program has successfully met its principal aim: the loans granted to women have increased, reducing the gender gap in this dimension. In addition, evidence of heterogeneity by the economic sector has emerged. This evidence aligns with prior research that has emphasised that public policies should not be designed and implemented under the logic of "one type of program fits all". The program analysed in this study is an example of a national public policy that has improved female entrepreneurs’ access to funding, reduced gender gaps in a Latin American country, and potentially offered lessons to other Latin American and middle-income countries worldwide.

Suggested Citation

  • Andrea Bentancor, 2022. "Women’s Entrepreneurship and Government Policy: Facilitating Access to Credit through a National Program in Chile," Social Sciences, MDPI, vol. 11(1), pages 1-16, January.
    • Handle: RePEc:gam:jscscx:v:11:y:2022:i:1:p:14-:d:717967
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    References listed on IDEAS

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    1. Felipe Kast & Dina Pomeranz, 2013. "Saving More to Borrow Less: Experimental Evidence from Access to Formal Savings Accounts in Chile," Harvard Business School Working Papers 14-001, Harvard Business School, revised Jun 2014.
    2. Bernardita Escobar Andrae, 2015. "Female entrepreneurship and participation rates in 19th century Chile," Estudios de Economia, University of Chile, Department of Economics, vol. 42(2 Year 20), pages 67-91, December.
    3. Demirguc-Kunt, Asli & Klapper, Leora & Singer, Dorothe, 2013. "Financial inclusion and legal discrimination against women : evidence from developing countries," Policy Research Working Paper Series 6416, The World Bank.
    4. Pauric McGowan & Caroline Lewis Redeker & Sarah Y. Cooper & Kate Greenan, 2012. "Female entrepreneurship and the management of business and domestic roles: Motivations, expectations and realities," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 24(1-2), pages 53-72, January.
    5. Nan Langowitz & Maria Minniti, 2007. "The Entrepreneurial Propensity of Women," Entrepreneurship Theory and Practice, , vol. 31(3), pages 341-364, May.
    6. Bernardita Escobar Andrae, 2017. "Women in Business in Late Nineteenth-Century Chile: Class, Marital Status, and Economic Autonomy," Feminist Economics, Taylor & Francis Journals, vol. 23(2), pages 33-67, April.
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    Cited by:

    1. Víctor Hugo Fernández-Bedoya & Monica Elisa Meneses-La-Riva & Josefina Amanda Suyo-Vega & Johanna de Jesús Stephanie Gago-Chávez, 2023. "Entrepreneurship Research in Times of COVID-19: Experiences from South America," Sustainability, MDPI, vol. 15(7), pages 1-17, March.

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