“…In two studies conducted within developing countries, the level of income inequality was found to be significantly influenced by EA, though in different directions. Yanya, Abdul-Hakim, and Abdul-Razak (2011) found that higher levels of entrepreneurship were associated with greater income inequality in Thailand, whereas research based on entrepreneurs in Ethiopia found that income inequality was reduced when entrepreneurs were from low-income households (Kimhi, 2010). In one of the few multicountry studies, Beck, Demirguc-Kunt, and Levine (2005) using a sample of 45 countries concluded that there was a lack of evidence to support a relationship between the growth of small-and medium-sized businesses (a possible proxy for EA) and income inequality.…”