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Women?s participation in the labor market and Economic Development: Evidence from ECCAS and ECOWAS Countries

Author

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  • Ursula-Christiane Ouaïmon

    (Hunan University)

  • Yabin Zhang

    (Hunan University)

Abstract

This paper examines the relationship between women?s participation in the labor market and economic development in ECCAS and ECOWAS over the period 2006-2015 by using dynamic panel data model. The analysis is run from two different perspectives ? on one hand, the relationship is investigated for a sample of 24 countries; and on the other hand ? the evidence is disaggregated and the relationship is re-examined with two regional blocs (ECCAS, ECOWAS). The OLS, fixed effects model, instrumental IV and the generalized method of moments (GMM) estimator developed by Arellano and Bond (1991) are employed to evaluate and account for dynamic effects. The main results show that there is a U-shaped relationship between female labor force participation and the economic development for the encompassing 24 countries. The findings are important for ECCAS and ECOWAS countries policy makers to undertake effective policies that can boost female labor force participation and enhance economic growth in their countries.

Suggested Citation

  • Ursula-Christiane Ouaïmon & Yabin Zhang, 2019. "Women?s participation in the labor market and Economic Development: Evidence from ECCAS and ECOWAS Countries," International Journal of Economic Sciences, International Institute of Social and Economic Sciences, vol. 8(1), pages 94-105, June.
    • Handle: RePEc:sek:jijoes:v:8:y:2019:i:1:p:94-105
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    References listed on IDEAS

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    1. Tam, Henry, 2011. "U-shaped female labor participation with economic development: Some panel data evidence," Economics Letters, Elsevier, vol. 110(2), pages 140-142, February.
    2. Tsani, Stella & Paroussos, Leonidas & Fragiadakis, Costas & Charalambidis, Ioannis & Capros, Pantelis, 2013. "Female labour force participation and economic growth in the South Mediterranean countries," Economics Letters, Elsevier, vol. 120(2), pages 323-328.
    3. Manuel Arellano & Stephen Bond, 1991. "Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 58(2), pages 277-297.
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    Cited by:

    1. Lucie Kurekova & Pavlina Hejdukova, 2021. "Multilevel research of migration with a focus on internal migration," International Journal of Economic Sciences, European Research Center, vol. 10(2), pages 87-103, December.

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    More about this item

    Keywords

    Female labor force participation; economic development; panel data model; ECCAS; ECOWAS.;
    All these keywords.

    JEL classification:

    • C36 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Instrumental Variables (IV) Estimation
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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