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Robert Fairlie and Alicia Robb explore the gap in performance between businesses owned by different racial groups in their new book, Race and Entrepreneurial Success. Using Census data not available to the public, Fairlie and Robb focus on why Asian-owned businesses tend to be more successful, while black-owned businesses tend to be less so.
While the Census dataset Fairlie and Robb examined showed Latino businesses performing about as well as white businesses, Fairlie says this finding is unusual and conflicts with other research that generally shows Latino businesses as less successful. They focus their analysis on Asian- and black-owned businesses in part because of the discrepancy. Flip through this slide show for a look at the gaps in access to capital and other problems that stifle business performance.