A Modest Proposal for Inclusion of Women's Household Human Capital Production in Analysis of Structural Transformation
AbstractNeoclassical economists posit a set of stylized facts which mark the structural transformation of national economies. Yet these facts, when disaggregated by gender, exhibit puzzling anomalies. For the 132 countries in our sample, female rates of economic activity are much lower than men's, and GDP per capita accounts for less than 16 percent of the variation in female rates. We argue that the missing female labor is occupied in a fourth sector-production and maintenance of human capital. Utilizing a series of heroic assumptions, the paper makes a first rough estimate of the value of this sector on a country-by-country basis.
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Bibliographic InfoArticle provided by Taylor and Francis Journals in its journal Feminist Economics.
Volume (Year): 3 (1997)
Issue (Month): 1 ()
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Web page: http://taylorandfrancis.metapress.com/link.asp?target=journal&id=101482
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- Marilyn Power, 1999. "Parasitic-Industries Analysis and Arguments for a Living Wage for Women in the Early Twentieth-Century United States," Feminist Economics, Taylor and Francis Journals, vol. 5(1), pages 61-78.
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