Gender Differences, Risk Attitude and Entrepreneurship in Kyrgyzstan
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This study analyses the role of risk attitude for entrepreneurship by gender differences in Kyrgyzstan. Multinomial probit analysis is applied to the data set drawn from the nationally representative survey “Life in Kyrgyzstan” for 2011. Entrepreneurship is measured through the agricultural and non-agricultural sample. Results of the study show that more risk taking preferences are associated with higher entrepreneurship probability. However, this effect is not persistent for women in further estimations for non-agricultural entrepreneurship sample, while for men higher positive effect of risk loving behavior remains in off-farm self-employment too.