Distributions of Entrepreneurs` Income and their Utility against of Other Socio-Economic Groups

Abstract

The subject of the article is a distribution of income and an income utility of entrepreneurs households utility against of other socio-economic groups. It presents the results of non-identified data from households` budget survey conducted by Central Statistical Office. The aim of this article is to show the relationship between conducting and the higher assessment of the income utility in entrepreneurs` households compared to households from other socio-economic groups. The results were treated into statistical analysis covering the presentation of income distribution parameters in both groups, and estimates the parameters of the utility function of income based on B.M.S van Praag model with fit to a lognormal distribution. The results confirmed the assumed hypothesis of an effect of conducting own business in indicating higher levels of income as equally useful.