An empirical analysis of the relationship between entrepreneurship and income inequality |
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Authors: | Bebonchu Atems Grayden Shand |
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Institution: | 1.Economics and Financial Studies, School of Business,Clarkson University,Potsdam,USA |
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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. |
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