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A modest proposal for inclusion of women's household human capital production in analysis of structural transformation

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  • Kathleen Cloud
  • Nancy Garrett

Abstract

Neoclassical 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.

Suggested Citation

  • Kathleen Cloud & Nancy Garrett, 1996. "A modest proposal for inclusion of women's household human capital production in analysis of structural transformation," Feminist Economics, Taylor & Francis Journals, vol. 2(3), pages 93-119.
    • Handle: RePEc:taf:femeco:v:2:y:1996:i:3:p:93-119
    DOI: 10.1080/13545709610001707786
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    Citations

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    Cited by:

    1. Elissa Braunstein, 2001. "Shifting From the Home to the Market: Accounting for Women's Work in Taiwan, 1965-1995," Working Papers wp24, Political Economy Research Institute, University of Massachusetts at Amherst.
    2. Susan Himmelweit, 2002. "Making Visible the Hidden Economy: The Case for Gender-Impact Analysis of Economic Policy," Feminist Economics, Taylor & Francis Journals, vol. 8(1), pages 49-70.
    3. Fiona Jenkins & Julie Smith, 2021. "Work-from-home during COVID-19: Accounting for the care economy to build back better," The Economic and Labour Relations Review, , vol. 32(1), pages 22-38, March.
    4. Therese Jefferson & John King, 2001. ""Never Intended to be a Theory Of Everything": Domestic Labor in Neoclassical and Marxian Economics," Feminist Economics, Taylor & Francis Journals, vol. 7(3), pages 71-101.

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