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An empirical analysis of the relationship between entrepreneurship and income inequality

Bebonchu Atems () and Grayden Shand ()
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Grayden Shand: Clarkson University

Small Business Economics, 2018, vol. 51, issue 4, No 7, 905-922

Abstract: Abstract The paper estimates the relationship between entrepreneurship and income inequality. Using US state-level data for the period 1989 to 2013, and the system generalized method of moments (GMM) estimator, we find a significant positive relationship between entrepreneurship and income inequality. This finding is generally robust across alternative measures of inequality and entrepreneurship.

Keywords: Inequality; Entrepreneurship; System GMM (search for similar items in EconPapers)
JEL-codes: J31 L26 (search for similar items in EconPapers)
Date: 2018
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DOI: 10.1007/s11187-017-9984-1

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