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Fiscal Policy Stance and Gender Equality in Asia Pacific: An Empirical Analysis

Author

Listed:
  • Chakraborty, Lekha S
  • Elson, Diane
  • Chowdhury, Samik

Abstract

Econometric analysis of impact of fiscal policy stance on gender equality is a new area of research. Using fixed effects model of pooled least squares, the paper examined the impact of public expenditure on gender aware human development processes in Asia Pacific region. The results revealed that fiscal policy stance has a positive impact on HDI and GDI. The widely explored link between economic growth captured in terms of per capita income and the human development has been refuted by the results may be due to the increasing inequality in command over resources. The same results hold for sector-specific models as well. The result broadly conforms to the proposition that fiscal stance on human capital formation gets transformed to the end results of better human development indicators, despite the constraints of intra-household disparities in resource allocation.

Suggested Citation

  • Chakraborty, Lekha S & Elson, Diane & Chowdhury, Samik, 2004. "Fiscal Policy Stance and Gender Equality in Asia Pacific: An Empirical Analysis," MPRA Paper 85402, University Library of Munich, Germany, revised 2005.
    • Handle: RePEc:pra:mprapa:85402
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    References listed on IDEAS

    as
    1. Mundle, Sudipto, 1998. "Financing human development: Some lessons from advanced Asian countries," World Development, Elsevier, vol. 26(4), pages 659-672, April.
    2. Rao, M. Govinda, 1998. "Accommodating public expenditure policies: the case of fast growing Asian economies," World Development, Elsevier, vol. 26(4), pages 673-694, April.
    3. Sudhir Anand & Martin Ravallion, 1993. "Human Development in Poor Countries: On the Role of Private Incomes and Public Services," Journal of Economic Perspectives, American Economic Association, vol. 7(1), pages 133-150, Winter.
    4. van de Walle, Dominique, 1998. "Assessing the welfare impacts of public spending," World Development, Elsevier, vol. 26(3), pages 365-379, March.
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    More about this item

    Keywords

    Fixed Effects; gender equality; human development index; gender development index; public expenditure; fiscal stance; public policy;
    All these keywords.

    JEL classification:

    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • H5 - Public Economics - - National Government Expenditures and Related Policies
    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
    • I0 - Health, Education, and Welfare - - General

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