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Gender Inequality and Economic Growth in Korea

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  • Jinyoung Kim
  • Jong‐Wha Lee
  • Kwanho Shin

Abstract

Calibrating an endogenous‐growth model to Korean data, we analyse the impact of gender inequality in Korea on long‐term economic growth. We find that gender equality policies that lower discrimination in the labour market or that increase the time spent by a father on childrearing can contribute positively to female labour market participation and per capita income growth. The simulation results show that when the disparities between men and women at home and in the labour market are completely removed, the female labour force participation rate increases from 54.4 to 67.5%, and the growth rate in per capita income rises from 3.6 to 4.1% on average over a generation.

Suggested Citation

  • Jinyoung Kim & Jong‐Wha Lee & Kwanho Shin, 2018. "Gender Inequality and Economic Growth in Korea," Pacific Economic Review, Wiley Blackwell, vol. 23(4), pages 658-682, October.
    • Handle: RePEc:bla:pacecr:v:23:y:2018:i:4:p:658-682
    DOI: 10.1111/1468-0106.12181
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    References listed on IDEAS

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    Cited by:

    1. 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.
    2. Toluwalope Seyi Akinwande & Fatma Turuc & Mehdi Seraj & Huseyin Ozdeser, 2025. "The link between gender inequality, financial development, and economic growth in Nigeria: A spectral Granger causality approach," Sustainable Development, John Wiley & Sons, Ltd., vol. 33(2), pages 2429-2439, April.
    3. Toluwalope Seyi Akinwande & Oluwatoyin Abidemi Somoye & Muhammad Mar’I & Huseyin Ozdeser, 2026. "The interaction between gender inequality in education, female labor force participation, male labor force participation, and economic growth in Nigeria: a quantile–on–quantile analysis," SN Business & Economics, Springer, vol. 6(2), pages 1-18, February.
    4. Oyvat, Cem & Onaran, Özlem, 2022. "The effects of social infrastructure and gender equality on output and employment: The case of South Korea," World Development, Elsevier, vol. 158(C).

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