Can Black Entrepreneurship Reduce Black-White Inequality in the United States?

Journal of Economics, Race, and Policy - Tập 4 - Trang 294-301 - 2020
Susanne L. Toney1, Gregory N. Price2
1School of Business, Hampton University, Hampton, USA
2Urban Entrepreneurship and Policy Institute, University of New Orleans, New Orleans, USA

Tóm tắt

This paper considers whether Black entrepreneurship in the USA matters for Black-White inequality in well-being as measured by individual happiness. We utilize data from the 2018 General Social Survey on respondent self-reported levels of happiness to estimate fixed group effect logit specifications of self-reported happiness levels as a function of individual characteristics, including being a Black American, and a measure of entrepreneurship—self-employment. Parameter estimates reveal that accounting for self-employment entirely eliminates Black-White happiness inequality. Our results suggest that increasing Black entrepreneurship can reduce Black-White inequality in well-being as measured by happiness.

Tài liệu tham khảo

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