Does Gender Matter for Economic Convergence? The OECD Evidence
AbstractThis work studies the role of gender on economic convergence in a standard convergence model expanded by gender shares of labor force. The theoretical part of the paper shows the positive role of gender on economic growth. Next, the paper presents 5-year span panel data tests of the contribution of the female share in employment on economic growth for 34 OECD countries in the period 1951-2010. We find that an increase in the share of women has a positive contribution to economic convergence across OECD countries. In addition to this, we also show that there is a U-shaped curvilinear relationship between gender equality and economic growth for OECD countries in the period 1951-2010. We conjecture that this result coincides with the ‘S-shaped’ Kuznets Curve of Gender hypothesis.
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Bibliographic InfoPaper provided by Izmir University of Economics in its series Working Papers with number 1302.
Length: 19 pages
Date of creation: Mar 2013
Date of revision:
Gender; Income Convergence; Economic Growth; Kuznets Curve of Gender;
Find related papers by JEL classification:
- J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
- O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
- O50 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - General
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-04-06 (All new papers)
- NEP-DEM-2013-04-06 (Demographic Economics)
- NEP-FDG-2013-04-06 (Financial Development & Growth)
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