Planning horizon in labour supply of Belarusian small entrepreneurs

This article was originally published with errors. This version has been amended. Please see Corrigendum (http://dx.doi.org/10.1080/1331677X.2015.1115638).

Figures & data

Table 1. Estimation results for the fixed effect model with time-constant effects and the random effects model.

	Fixed effects (1)		Random effects (2)
	–0.023		–0.027
	Std. Err	P > | t |	Std. Err	P > | t |
Log hourly wage	0.010	0.017**	0.010	0.005**
Robust	0.014	0.099*	0.015	0.081*
Weekend day dummy	–0.287		–0.128
	0.058	0.000**	0.031	0.000**
Robust	0.026	0.000**	0.020	0.000**
Adjusted R^2	0.837		–
Ρ	0.922		0.640

Dependent variable is the log of hours worked. Standard errors are in parentheses and are corrected for heteroskedasticity in ‘Robust’ rows.

^* Significant at 10%;

^** Significant at 5% or better.

Source: Own calculations.

Table 2. Estimation results for two groups of male and female.

	Male		Female
	–0.038		–0.018
	Std. Err	P > | t |	Std. Err	P > | t |
Log hourly wage	0.021	0.070*	0.010	0.068*
Robust	0.027	0.165	0.010	0.070*
Weekend day dummy	–0.012		–0.289
	0.103	0.910	0.046	0.000**
Robust	0.049	0.813	0.226	0.000**
Adjusted R^2	0.812		0.869
Ρ	0.934		0.844
Number of observations	59		44

Dependent variable is the log of hours worked. Standard errors are in parentheses and are corrected for heteroskedasticity in ‘Robust’ rows.

^* Significant at 10%;

^** Significant at 5% or better.

Source: Own calculations.

Table

(a) Individual entrepreneur	(b) Limited company (Ltd.)
(c) Civil company	(d) Stock company
(e) Other form

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(a) None, I run family business	(b) 1–5 employees
(c) 5–10 employees	(d) 10–20 employees
(e) 20–50 employees	(f) >50 employees

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(a) Several neighbouring villages	(b) Whole district
(c) Neighbouring districts	(d) Whole province
(e) Whole country-domestic market	(f) International markets

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(a) Remained the same

(c) Expanded thanks to: _________

(e) Decreased thanks to: _________

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(a) To make as much as possible	(b) To make enough to satisfy my family’s basic needs
(c) I just follow the trend, everyone does business nowadays	(d) To show the others that I can do business
(e) Other

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(a) Work by schedule (even if there are no clients)	(b) Work only if we have clients else we don’t work
(c) Other

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(a) We work until we make a certain amount of money	(b) On a ‘good day’ try to work more and quit working early in a ‘bad day’
(c) We work a fixed hours no matter how we do	(d) Other

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the past week?
Mon	Tue	Wed	Thu	Fri	Sat	Sun

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the week before the last?
Mon	Tue	Wed	Thu	Fri	Sat	Sun

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the past week?
Mon	Tue	Wed	Thu	Fri	Sat	Sun
the week before the last?
Mon	Tue	Wed	Thu	Fri	Sat	Sun