This article uses over 100,000 observations from limited-access and nationally representative US Census Bureau microdata sets to test determinants of employment growth among Latino-owned businesses (LOBs) in the Unites States. We draw variables from prior studies on determinants business growth in the general population and uniquely apply them to LOB using the robust data. Specifically, we examine the impact of numerous business owner, business, and regional characteristics on employment growth. We include industry and state-level fixed effects and test the robustness of results to various employment growth timespans. Some findings include (1) Latina-owned businesses grow faster than LOB, (2) formal education has a positive effect on employment growth and this effect is larger with education level and time, (3) Puerto Rican-owned businesses grow 2 percent slower than Mexican-owned establishments, (4) having multiple establishments reduces employment growth, (5) relying on personal savings for start-up capital impedes growth, and (6) nonmetro adjacency has a significant and negative effect, while population density does not. Our findings show that LOB may grow differently than other businesses and help advance the understanding of factors related to success of LOB. Implementing straightforward and low-cost policies aimed at better support for LOB could help bolster regional growth.

中文翻译：

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拉丁美洲人拥有的业务增长中的业务，所有者和区域特征：使用机密人口普查微数据的实证分析

本文使用来自访问受限且具有国家代表性的美国人口普查局微数据集的100,000多个观察值，以测试美国拉丁裔拥有企业（LOB）中就业增长的决定因素。我们从先前关于一般人群决定因素业务增长的研究中得出变量，并使用可靠的数据将其唯一地应用于LOB。具体来说，我们研究了众多企业主，企业和地区特征对就业增长的影响。我们包括行业和州一级的固定效应，并测试结果对各种就业增长时间跨度的稳健性。一些发现包括：（1）拉美裔独资企业的增长速度快于LOB；（2）正规教育对就业增长产生积极影响，并且受教育程度和时间的影响更大；（3）波多黎各人拥有的企业比墨西哥拥有的企业增长慢2％；（4）拥有多个企业会降低就业增长；（5）依靠个人储蓄来启动资金阻碍了增长；（6）非都市邻接显着的负面影响，而人口密度则没有。我们的发现表明，LOB的增长可能不同于其他业务，并有助于加深对与LOB成功相关的因素的理解。实施旨在更好地支持LOB的直接且低成本的政策可以帮助促进区域增长。而人口密度则没有。我们的发现表明，LOB的增长可能不同于其他业务，并有助于加深对与LOB成功相关的因素的理解。实施旨在更好地支持LOB的直接且低成本的政策可以帮助促进区域增长。而人口密度则没有。我们的发现表明，LOB的增长可能不同于其他业务，并有助于加深对与LOB成功相关的因素的理解。实施旨在更好地支持LOB的直接且低成本的政策可以帮助促进区域增长。