Abstract
Using data developed for, and presented to, the US District Court, this study evaluates the performance of women-, African-American-, and Hispanic-owned firms vis-à-vis firms owned by neither women nor minorities in three different South Florida markets: architecture, structural engineering, and civil engineering. After controlling for the influence of experience, size, and location, three of the most commonly used determinants of firms' earnings, the empirical results suggest that the three markets do not convert firms' characteristics into economic outcomes in the same manner for women and Hispanic owners as for owners who are neither women nor minorities.
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