Deconstructing the Impact of Entrepreneurship on Income Inequality in Sub-Saharan Africa Countries
The study examines the impacts of entrepreneurship on income inequality in a panel of 29 Sub-Saharan African countries spanning from 2004 to 2020. The paper employs a dynamic heterogeneous panel approach to differentiate between long-run and short-run impacts of entrepreneurship on income inequality...
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| Format: | Article |
| Language: | English |
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Riga Technical University Press
2020-02-01
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| Series: | Economics and Business |
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| Online Access: | https://doi.org/10.2478/eb-2020-0018 |
| _version_ | 1826953745200578560 |
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| author | Ogede Jimoh S. |
| author_facet | Ogede Jimoh S. |
| author_sort | Ogede Jimoh S. |
| collection | DOAJ |
| description | The study examines the impacts of entrepreneurship on income inequality in a panel of 29 Sub-Saharan African countries spanning from 2004 to 2020. The paper employs a dynamic heterogeneous panel approach to differentiate between long-run and short-run impacts of entrepreneurship on income inequality. The findings establish a robust and direct nexus between entrepreneurial activities and income disparity. The results of the two entrepreneurial indicators are stable. Besides, the coefficient of the human capital is positive in the regression and statistically significant at a 5 percent significance level. The proxies for macroeconomic factors exhibit diverse signs and impact, which suggest a policy stimulus aimed at refining macroeconomic situations and also ignite prospects for households to increase their incomes. |
| first_indexed | 2024-04-11T03:41:29Z |
| format | Article |
| id | doaj.art-d3abaf2a02da464390e6b73d275401f9 |
| institution | Directory Open Access Journal |
| issn | 1407-7337 2256-0394 |
| language | English |
| last_indexed | 2025-02-17T23:26:37Z |
| publishDate | 2020-02-01 |
| publisher | Riga Technical University Press |
| record_format | Article |
| series | Economics and Business |
| spelling | doaj.art-d3abaf2a02da464390e6b73d275401f92024-12-02T05:17:31ZengRiga Technical University PressEconomics and Business1407-73372256-03942020-02-0134127328410.2478/eb-2020-0018eb-2020-0018Deconstructing the Impact of Entrepreneurship on Income Inequality in Sub-Saharan Africa CountriesOgede Jimoh S.0Department of Economics, Olabisi Onabanjo University, Ago Iwoye, NigeriaThe study examines the impacts of entrepreneurship on income inequality in a panel of 29 Sub-Saharan African countries spanning from 2004 to 2020. The paper employs a dynamic heterogeneous panel approach to differentiate between long-run and short-run impacts of entrepreneurship on income inequality. The findings establish a robust and direct nexus between entrepreneurial activities and income disparity. The results of the two entrepreneurial indicators are stable. Besides, the coefficient of the human capital is positive in the regression and statistically significant at a 5 percent significance level. The proxies for macroeconomic factors exhibit diverse signs and impact, which suggest a policy stimulus aimed at refining macroeconomic situations and also ignite prospects for households to increase their incomes.https://doi.org/10.2478/eb-2020-0018entrepreneurshipincome inequalitydynamic heterogeneous panelsub-saharan africac23l16d63i24 |
| spellingShingle | Ogede Jimoh S. Deconstructing the Impact of Entrepreneurship on Income Inequality in Sub-Saharan Africa Countries Economics and Business entrepreneurship income inequality dynamic heterogeneous panel sub-saharan africa c23 l16 d63 i24 |
| title | Deconstructing the Impact of Entrepreneurship on Income Inequality in Sub-Saharan Africa Countries |
| title_full | Deconstructing the Impact of Entrepreneurship on Income Inequality in Sub-Saharan Africa Countries |
| title_fullStr | Deconstructing the Impact of Entrepreneurship on Income Inequality in Sub-Saharan Africa Countries |
| title_full_unstemmed | Deconstructing the Impact of Entrepreneurship on Income Inequality in Sub-Saharan Africa Countries |
| title_short | Deconstructing the Impact of Entrepreneurship on Income Inequality in Sub-Saharan Africa Countries |
| title_sort | deconstructing the impact of entrepreneurship on income inequality in sub saharan africa countries |
| topic | entrepreneurship income inequality dynamic heterogeneous panel sub-saharan africa c23 l16 d63 i24 |
| url | https://doi.org/10.2478/eb-2020-0018 |
| work_keys_str_mv | AT ogedejimohs deconstructingtheimpactofentrepreneurshiponincomeinequalityinsubsaharanafricacountries |