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Gender Equality and Economic Growth: Is it Equality of Opportunity or Equality of Outcomes?

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  • Aniruddha Mitra
  • James T. Bang
  • Arnab Biswas

Abstract

This article explores the impact of gender equality on economic growth. In particular, we focus on the multidimensional nature of gender equality with the object of identifying the relative salience of different aspects of equality. Using exploratory factor analysis on five measures of gender equality, we identify two distinct dimensions: equality of economic opportunities and equality in economic and political outcomes. Regression analysis conducted on an unbalanced panel of 101 countries taken over nonoverlapping five-year periods from 1990 to 2000 reveals that a standard deviation improvement in equality in economic opportunity increases growth by 1.3 percentage points and a corresponding improvement in participatory equality improves growth by an average of about 1.2 percentage points. However, this impact is contingent on a country's stage of development: while developing economies experience significant improvements in growth from greater equality in opportunity, developed societies see significant improvements resulting from greater equality in outcomes.

Suggested Citation

  • 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.
    • Handle: RePEc:taf:femeco:v:21:y:2015:i:1:p:110-135
    DOI: 10.1080/13545701.2014.930163
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    References listed on IDEAS

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    Cited by:

    1. Myriam Ben Saâd & Giscard Assoumou Ella, 2019. "Economic Complexity and Gender Inequality in Education: An Empirical Study," Post-Print hal-03426719, HAL.
    2. Myriam Ben Saâd & Giscard Assoumou-Ella, 2019. "Economic Complexity and Gender Inequality in Education: An Empirical Study," Economics Bulletin, AccessEcon, vol. 39(1), pages 321-334.
    3. 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.
    4. 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.
    5. Ms. Dalia S Hakura & Mr. Mumtaz Hussain & Ms. Monique Newiak & Mr. Vimal V Thakoor & Mr. Fan Yang, 2016. "Inequality, Gender Gaps and Economic Growth: Comparative Evidence for Sub-Saharan Africa," IMF Working Papers 2016/111, International Monetary Fund.
    6. Balza, Lenin H. & De Los Rios, Camilo & Guerra, Alfredo & Herrera-Prada, Luis Omar & Manzano, Osmel, 2023. "Unraveling the network of extractive industries," Resources Policy, Elsevier, vol. 85(PB).
    7. 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.
    8. Rosalia CASTELLANO & Antonella ROCCA, 2018. "Gender disparities in European labour markets: A comparison of conditions for men and women in paid employment," International Labour Review, International Labour Organization, vol. 157(4), pages 589-608, December.
    9. Karin Astrid Siegmann & Hadia Majid, 2021. "Empowering Growth in Pakistan?," The Indian Journal of Labour Economics, Springer;The Indian Society of Labour Economics (ISLE), vol. 64(2), pages 309-331, June.
    10. Moataz, Aya & Richter, Christian, 2022. "The Impact of Female Tertiary Education and Climate Change on Economic Growth in Developing Countries," Land, Farm & Agribusiness Management Department 337137, Harper Adams University, Land, Farm & Agribusiness Management Department.
    11. Amit Nandan & Hrushikesh Mallick, 2020. "Does Gender Equality Matter for Regional Growth and Income Inequality? An Empirical Analysis for the Indian States," Journal of International Development, John Wiley & Sons, Ltd., vol. 32(4), pages 439-469, May.
    12. Diachkova, Anna V. & Kontoboitseva, Anna E., 2022. "Economic Benefits of gender equality: comparing EU and BRICS countries," Economic Consultant, Roman I. Ostapenko, vol. 37(1), pages 4-15.
    13. Yoko Nakagaki, 2019. "Convex relationship between fertility and gender gap," Economics Bulletin, AccessEcon, vol. 39(3), pages 2014-2026.
    14. 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.
    15. Dahlum, Sirianne & Knutsen, Carl Henrik & Mechkova, Valeriya, 2022. "Women’s political empowerment and economic growth," World Development, Elsevier, vol. 156(C).

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