IDEAS home Printed from https://ideas.repec.org/a/spr/jknowl/v13y2022i2d10.1007_s13132-021-00782-1.html
   My bibliography  Save this article

Gender Equality and Economic Growth in Asia and Africa: Empirical Analysis of Developing and Least Developed Countries

Author

Listed:
  • Alicia Girón

    (National Autonomous University of Mexico (UNAM))

  • Amirreza Kazemikhasragh

    (National Autonomous University of Mexico (UNAM))

Abstract

In recent years, politicians, theorists and academics have debated the impact of gender inequality on economic growth. Some studies show a negative relationship between the two variables, while other studies show a positive relationship. The purpose of this study is to investigate the impact of gender inequality on economic growth in developing and least developed countries in Asia and Africa. To evaluate the impact of gender equality on economic growth, I use panel vector autoregression analysis for data from 2010 to 2018. Next, the Arellano-Bond model was applied to provide a consistent estimation to support the previous model results. The results indicate a negative and significant relationship between the Gender Inequality Index and economic growth. Finally, through its results, this research aims to be a resource for stakeholders and policymakers to use in decisions regarding the promotion of gender equality and increases in social well-being in Asia and Africa.

Suggested Citation

  • Alicia Girón & Amirreza Kazemikhasragh, 2022. "Gender Equality and Economic Growth in Asia and Africa: Empirical Analysis of Developing and Least Developed Countries," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(2), pages 1433-1443, June.
  • Handle: RePEc:spr:jknowl:v:13:y:2022:i:2:d:10.1007_s13132-021-00782-1
    DOI: 10.1007/s13132-021-00782-1
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s13132-021-00782-1
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.

    File URL: https://libkey.io/10.1007/s13132-021-00782-1?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Aniruddha Mitra & James T. Bang & Arnab Biswas, 2015. "Gender Equality and Economic Growth: Is it Equality of Opportunity or Equality of Outcomes?," Feminist Economics, Taylor & Francis Journals, vol. 21(1), pages 110-135, January.
    2. Angela Luci, 2009. "Female labour market participation and economic growth," International Journal of Innovation and Sustainable Development, Inderscience Enterprises Ltd, vol. 4(2/3), pages 97-108.
    3. Daron Acemoglu & Simon Johnson, 2007. "Disease and Development: The Effect of Life Expectancy on Economic Growth," Journal of Political Economy, University of Chicago Press, vol. 115(6), pages 925-985, December.
    4. Stephan Klasen, 2018. "The Impact of Gender Inequality on Economic Performance in Developing Countries," Annual Review of Resource Economics, Annual Reviews, vol. 10(1), pages 279-298, October.
    5. Falk, Armin & Hermle, Johannes, 2018. "Relationship of Gender Differences in Preferences to Economic Development and Gender Equality," IZA Discussion Papers 12059, Institute of Labor Economics (IZA).
    6. Edward L. Glaeser & Gary S. Becker & Kevin M. Murphy, 1999. "Population and Economic Growth," American Economic Review, American Economic Association, vol. 89(2), pages 145-149, May.
    7. James D. Gwartney & Randall G. Holcombe & Robert A. Lawson, 2006. "Institutions and the Impact of Investment on Growth," Kyklos, Wiley Blackwell, vol. 59(2), pages 255-273, May.
    8. Matthew Collin & David N. Weil, 2020. "The Effect of Increasing Human Capital Investment on Economic Growth and Poverty: A Simulation Exercise," Journal of Human Capital, University of Chicago Press, vol. 14(1), pages 43-83.
    9. Becker, Gary S, 1985. "Human Capital, Effort, and the Sexual Division of Labor," Journal of Labor Economics, University of Chicago Press, vol. 3(1), pages 33-58, January.
    10. Purva Khera, 2016. "Macroeconomic Impacts of Gender Inequality and Informality in India," IMF Working Papers 2016/016, International Monetary Fund.
    11. Lynda Pickbourn & Léonce Ndikumana, 2016. "The Impact of the Sectoral Allocation of Foreign aid on Gender Inequality," Journal of International Development, John Wiley & Sons, Ltd., vol. 28(3), pages 396-411, April.
    12. Seguino, Stephanie, 2000. "Gender Inequality and Economic Growth: A Cross-Country Analysis," World Development, Elsevier, vol. 28(7), pages 1211-1230, July.
    13. Angela Luci, 2009. "Female labour market participation and economic growth," Post-Print halshs-00639695, HAL.
    14. Durusu-Ciftci, Dilek & Ispir, M. Serdar & Yetkiner, Hakan, 2017. "Financial development and economic growth: Some theory and more evidence," Journal of Policy Modeling, Elsevier, vol. 39(2), pages 290-306.
    15. Seema Jayachandran, 2015. "The Roots of Gender Inequality in Developing Countries," Annual Review of Economics, Annual Reviews, vol. 7(1), pages 63-88, August.
    16. Raj Nallari & Breda Griffith, 2011. "Gender and Macroeconomic Policy," World Bank Publications - Books, The World Bank Group, number 2256, December.
    17. Kennedy, Tom & Smyth, Russell & Valadkhani, Abbas & Chen, George, 2017. "Does income inequality hinder economic growth? New evidence using Australian taxation statistics," Economic Modelling, Elsevier, vol. 65(C), pages 119-128.
    18. Khayria Karoui & Rochdi Feki, 2018. "The Effect of Gender Inequality on Economic Development: Case of African Countries," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 9(1), pages 294-300, March.
    19. David Cuberes & Marc Teignier, 2014. "Gender Inequality And Economic Growth: A Critical Review," Journal of International Development, John Wiley & Sons, Ltd., vol. 26(2), pages 260-276, March.
    20. Oluwatoyin Matthew & Anthonia Adeniji & Romanus Osabohien & Tomike Olawande & Tolulope Atolagbe, 2020. "Gender Inequality, Maternal Mortality and Inclusive Growth in Nigeria," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 147(3), pages 763-780, February.
    21. Shaila Srivastava & Shalini Talwar, 2020. "Decrypting The Dependency Relationship Between The Triad Of Foreign Direct Investment, Economic Growth And Human Development," Journal of Developing Areas, Tennessee State University, College of Business, vol. 54(2), pages 1-14, April-Jul.
    22. Laura Cabeza-García & Esther B. Del Brio & Mery Luz Oscanoa-Victorio, 2018. "Gender Factors and Inclusive Economic Growth: The Silent Revolution," Sustainability, MDPI, vol. 10(1), pages 1-14, January.
    23. Stephan Klasen & Francesca Lamanna, 2009. "The Impact of Gender Inequality in Education and Employment on Economic Growth: New Evidence for a Panel of Countries," Feminist Economics, Taylor & Francis Journals, vol. 15(3), pages 91-132.
    24. Henrik Kleven & Camille Landais, 2017. "Gender Inequality and Economic Development: Fertility, Education and Norms," Economica, London School of Economics and Political Science, vol. 84(334), pages 180-209, April.
    25. Thi Mai Hoai Bui & Xuan Vinh Vo & Duy Tung Bui, 2018. "Gender inequality and FDI: empirical evidence from developing Asia–Pacific countries," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 8(3), pages 393-416, December.
    26. Mussarat Khan, 2016. "Contribution of female human capital in economic growth: an empirical analysis of Pakistan (1972–2012)," Quality & Quantity: International Journal of Methodology, Springer, vol. 50(2), pages 709-728, March.
    27. 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.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Rui Yang & Xin An & Yingwen Chen & Xiuli Yang, 2023. "The Knowledge Analysis of Panel Vector Autoregression: A Systematic Review," SAGE Open, , vol. 13(4), pages 21582440231, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Nguyen, Canh Phuc, 2021. "Gender equality and economic complexity," Economic Systems, Elsevier, vol. 45(4).
    2. Rulia Akhtar & Muhammad Mehedi Masud & Nusrat Jafrin & Sharifah Muhairah Shahabudin, 2023. "Economic growth, gender inequality, openness of trade, and female labour force participation: a nonlinear ARDL approach," Economic Change and Restructuring, Springer, vol. 56(3), pages 1725-1752, June.
    3. Ram, Harchand & Chakravorty, Swastika & Goli, Srinivas, 2022. "Does gender inequality affect economic development? An evidence based on analysis of cross-national panel data of 158 countries," SocArXiv 7svz4, Center for Open Science.
    4. Isis Gaddis & Stephan Klasen, 2014. "Economic development, structural change, and women’s labor force participation:," Journal of Population Economics, Springer;European Society for Population Economics, vol. 27(3), pages 639-681, July.
    5. Hafsa Qaiser & Hafeez ur Rehman & Noman Arshed, 2023. "Role of institutional quality on women's empowerment—A case of highly gender unequal Asian countries," Poverty & Public Policy, John Wiley & Sons, vol. 15(1), pages 48-75, March.
    6. Mehrotra, Santosh & Parida, Jajati K., 2017. "Why is the Labour Force Participation of Women Declining in India?," World Development, Elsevier, vol. 98(C), pages 360-380.
    7. Khayria Karoui & Rochdi Feki, 2018. "The Effect of Gender Inequality on Economic Development: Case of African Countries," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 9(1), pages 294-300, March.
    8. Olivier Bargain & Maria C. Lo Bue, 2021. "The economic gains of closing the employment gender gap: Evidence from Morocco," WIDER Working Paper Series wp-2021-79, World Institute for Development Economic Research (UNU-WIDER).
    9. David Cuberes & Marc Teignier, 2012. "Gender Gaps in the Labor Market and Aggregate Productivity," Working Papers 2012017, The University of Sheffield, Department of Economics.
    10. Romina Kazandjian & Ms. Lisa L Kolovich & Ms. Kalpana Kochhar & Ms. Monique Newiak, 2016. "Gender Equality and Economic Diversification," IMF Working Papers 2016/140, International Monetary Fund.
    11. Tunalı, İnsan & Kırdar, Murat G. & Dayıoğlu, Meltem, 2021. "Down and up the “U” – A synthetic cohort (panel) analysis of female labor force participation in Turkey, 1988–2013," World Development, Elsevier, vol. 146(C).
    12. Nziengui Mamboundou, Pierre, 2019. "Agricultural economic reforms, gender inequalities and poverty in Senegal," Conference papers 333063, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    13. Klasen, Stephan, 2020. "From ‘MeToo’ to Boko Haram: A survey of levels and trends of gender inequality in the world," World Development, Elsevier, vol. 128(C).
    14. Laura Cabeza-García & Esther B. Del Brio & Mery Luz Oscanoa-Victorio, 2018. "Gender Factors and Inclusive Economic Growth: The Silent Revolution," Sustainability, MDPI, vol. 10(1), pages 1-14, January.
    15. Moataz, Aya & Richter, Christian, 2022. "The Impact of Female Tertiary Education and Climate Change on Economic Growth in Developing Countries," Agri-Tech Economics Papers 337137, Harper Adams University, Land, Farm & Agribusiness Management Department.
    16. Dahlum, Sirianne & Knutsen, Carl Henrik & Mechkova, Valeriya, 2022. "Women’s political empowerment and economic growth," World Development, Elsevier, vol. 156(C).
    17. Karlsson, Tobias & Kok, Joris & Perrin, Faustine, 2021. "The Historical Gender Gap Index: A Longitudinal and Spatial Assessment of Sweden, 1870-1990," Lund Papers in Economic History 217, Lund University, Department of Economic History.
    18. Luca J. Uberti & Elodie Douarin, 2023. "The Feminisation U, cultural norms, and the plough," Journal of Population Economics, Springer;European Society for Population Economics, vol. 36(1), pages 5-35, January.
    19. Wang, Haining & Cheng, Zhiming, 2021. "Mama loves you: The gender wage gap and expenditure on children's education in China," Journal of Economic Behavior & Organization, Elsevier, vol. 188(C), pages 1015-1034.
    20. Yin, Hua-Tang & Chang, Chun-Ping & Anugrah, Donni Fajar & Gunadi, Iman, 2023. "Gender equality and central bank independence," Economic Analysis and Policy, Elsevier, vol. 78(C), pages 661-672.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:jknowl:v:13:y:2022:i:2:d:10.1007_s13132-021-00782-1. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.