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Role of gender gap in economic growth: Analysis on developing countries versus OECD countries

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  • Sanika Sulochani Ramanayake

    (Indira Gandhi Institute of Development Research)

  • Taniya Ghosh

    (Indira Gandhi Institute of Development Research)

Abstract

This study investigates the effects of the gender gap on economic growth by using a composite gender gap index from the World Economic Forum. The index captures the multidimensional aspect of the gender gap, which includes gaps in opportunities and outcomes. Previous studies on the effect of gender inequality on economic growth have focused on the unidirectional aspect of inequality, such as gender-wage inequality. The differential effect of the gender gap is established by comparing three different samples, namely, member countries of the Organisation for Economic Co-operation and Development, developing countries, and a combination of South and Southeast Asian countries. According to panel data estimations, policies that promote equity boost the economic growth of developing countries, including those in South and Southeast Asia. The role of export growth in economic growth is also analyzed. Consistent with those in literature, current results indicate that export growth exerts a significant positive effect on the economic growth of all samples.

Suggested Citation

  • Sanika Sulochani Ramanayake & Taniya Ghosh, 2017. "Role of gender gap in economic growth: Analysis on developing countries versus OECD countries," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2017-001, Indira Gandhi Institute of Development Research, Mumbai, India.
    • Handle: RePEc:ind:igiwpp:2017-001
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    2. Laura Cabeza-García & Esther B. Del Brio & Mery Luz Oscanoa-Victorio, 2018. "Gender Factors and Inclusive Economic Growth: The Silent Revolution," Sustainability, MDPI, vol. 10(1), pages 1-14, January.
    3. Anna Gdakowicz & Malgorzata Guzowska & Marta Hozer-Koćmiel & Leszek Gracz, 2023. "Gender Equality and Economic Growth in BSR and EAP Countries: A Quantitative Approach," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 354-378.
    4. 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.

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    More about this item

    Keywords

    Gender gap; Export growth; Economic growth; OECD countries; Developing countries; South Asia and South East Asia;
    All these keywords.

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • I24 - Health, Education, and Welfare - - Education - - - Education and Inequality
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies

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