Gender Inequality and Economic Growth: Evidence from Industry-Level Data

Gender Inequality and Economic Growth: Evidence from Industry-Level Data

Author: Ata Can Bertay

Publisher: International Monetary Fund

Published: 2020-07-03

Total Pages: 42

ISBN-13: 1513546279

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We study whether higher gender equality facilitates economic growth by enabling better allocation of a valuable resource: female labor. By allocating female labor to its more productive use, we hypothesize that reducing gender inequality should disproportionately benefit industries with typically higher female share in their employment relative to other industries. Specifically, we exploit within-country variation across industries to test whether those that typically employ more women grow relatively faster in countries with ex-ante lower gender inequality. The test allows us to identify the causal effect of gender inequality on industry growth in value-added and labor productivity. Our findings show that gender inequality affects real economic outcomes.


Book Synopsis Gender Inequality and Economic Growth: Evidence from Industry-Level Data by : Ata Can Bertay

Download or read book Gender Inequality and Economic Growth: Evidence from Industry-Level Data written by Ata Can Bertay and published by International Monetary Fund. This book was released on 2020-07-03 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study whether higher gender equality facilitates economic growth by enabling better allocation of a valuable resource: female labor. By allocating female labor to its more productive use, we hypothesize that reducing gender inequality should disproportionately benefit industries with typically higher female share in their employment relative to other industries. Specifically, we exploit within-country variation across industries to test whether those that typically employ more women grow relatively faster in countries with ex-ante lower gender inequality. The test allows us to identify the causal effect of gender inequality on industry growth in value-added and labor productivity. Our findings show that gender inequality affects real economic outcomes.

Inequality, Gender Gaps and Economic Growth

Inequality, Gender Gaps and Economic Growth

Author: Ms.Dalia Hakura

Publisher: International Monetary Fund

Published: 2016-06-08

Total Pages: 29

ISBN-13: 148438234X

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A growing body of empirical evidence suggests that inequality—income or gender related—can impede economic growth. Using dynamic panel regressions and new time series data, this paper finds that both income and gender inequalities, including from legal gender-based restrictions, are jointly negatively associated with per capita GDP growth. Examining the relationship for countries at different stages of development, we find that this effect prevails mainly in lower income countries. In particular, per capita income growth in sub-Saharan Africa could be higher by as much as 0.9 percentage points on average if inequality was reduced to the levels observed in the fastgrowing emerging Asian countries. High levels of income inequality in sub-Saharan Africa appear partly driven by structural features. However, the paper’s findings show that policies that influence the opportunities of low-income households and women to participate in economic activities also matter and, therefore, if well-designed and targeted, could play a role in alleviating inequalities.


Book Synopsis Inequality, Gender Gaps and Economic Growth by : Ms.Dalia Hakura

Download or read book Inequality, Gender Gaps and Economic Growth written by Ms.Dalia Hakura and published by International Monetary Fund. This book was released on 2016-06-08 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: A growing body of empirical evidence suggests that inequality—income or gender related—can impede economic growth. Using dynamic panel regressions and new time series data, this paper finds that both income and gender inequalities, including from legal gender-based restrictions, are jointly negatively associated with per capita GDP growth. Examining the relationship for countries at different stages of development, we find that this effect prevails mainly in lower income countries. In particular, per capita income growth in sub-Saharan Africa could be higher by as much as 0.9 percentage points on average if inequality was reduced to the levels observed in the fastgrowing emerging Asian countries. High levels of income inequality in sub-Saharan Africa appear partly driven by structural features. However, the paper’s findings show that policies that influence the opportunities of low-income households and women to participate in economic activities also matter and, therefore, if well-designed and targeted, could play a role in alleviating inequalities.

Inequality, Gender Gaps and Economic Growth

Inequality, Gender Gaps and Economic Growth

Author: Dalia Hakura

Publisher:

Published: 2016

Total Pages: 30

ISBN-13:

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A growing body of empirical evidence suggests that inequality-income or gender related-canimpede economic growth. Using dynamic panel regressions and new time series data, this paperfinds that both income and gender inequalities, including from legal gender-based restrictions, arejointly negatively associated with per capita GDP growth. Examining the relationship for countriesat different stages of development, we find that this effect prevails mainly in lower incomecountries. In particular, per capita income growth in sub-Saharan Africa could be higher by as muchas 0.9 percentage points on average if inequality was reduced to the levels observed in the fastgrowingemerging Asian countries. High levels of income inequality in sub-Saharan Africa appearpartly driven by structural features. However, the paper's findings show that policies that influencethe opportunities of low-income households and women to participate in economic activities alsomatter and, therefore, if well-designed and targeted, could play a role in alleviating inequalities.


Book Synopsis Inequality, Gender Gaps and Economic Growth by : Dalia Hakura

Download or read book Inequality, Gender Gaps and Economic Growth written by Dalia Hakura and published by . This book was released on 2016 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: A growing body of empirical evidence suggests that inequality-income or gender related-canimpede economic growth. Using dynamic panel regressions and new time series data, this paperfinds that both income and gender inequalities, including from legal gender-based restrictions, arejointly negatively associated with per capita GDP growth. Examining the relationship for countriesat different stages of development, we find that this effect prevails mainly in lower incomecountries. In particular, per capita income growth in sub-Saharan Africa could be higher by as muchas 0.9 percentage points on average if inequality was reduced to the levels observed in the fastgrowingemerging Asian countries. High levels of income inequality in sub-Saharan Africa appearpartly driven by structural features. However, the paper's findings show that policies that influencethe opportunities of low-income households and women to participate in economic activities alsomatter and, therefore, if well-designed and targeted, could play a role in alleviating inequalities.

Gender Equality, Poverty and Economic Growth

Gender Equality, Poverty and Economic Growth

Author: Andrew Morrison

Publisher: World Bank Publications

Published: 2007

Total Pages: 57

ISBN-13:

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Abstract: This paper reviews empirical findings from economic analyses of the role of gender equality and women's empowerment in reducing poverty and stimulating growth. Going beyond the large literature documenting the impact of female education on a range of development outcomes, the paper presents evidence on the impact of women's access to markets (labor, land, and credit) and women's decision-making power within households on poverty reduction and productivity at the individual and household level. The paper also summarizes evidence from studies examining the relationship between gender equality and poverty reduction and growth at the macro level. Although micro level effects of gender equality on individual productivity and human development outcomes have been well documented and have important ramifications for aggregate economic performance, establishing an empirical relationship between gender equality and poverty reduction and growth at the macro level has proven to be more challenging. The paper concludes by identifying priority areas for future research.


Book Synopsis Gender Equality, Poverty and Economic Growth by : Andrew Morrison

Download or read book Gender Equality, Poverty and Economic Growth written by Andrew Morrison and published by World Bank Publications. This book was released on 2007 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: This paper reviews empirical findings from economic analyses of the role of gender equality and women's empowerment in reducing poverty and stimulating growth. Going beyond the large literature documenting the impact of female education on a range of development outcomes, the paper presents evidence on the impact of women's access to markets (labor, land, and credit) and women's decision-making power within households on poverty reduction and productivity at the individual and household level. The paper also summarizes evidence from studies examining the relationship between gender equality and poverty reduction and growth at the macro level. Although micro level effects of gender equality on individual productivity and human development outcomes have been well documented and have important ramifications for aggregate economic performance, establishing an empirical relationship between gender equality and poverty reduction and growth at the macro level has proven to be more challenging. The paper concludes by identifying priority areas for future research.

Gender Equality and Inclusive Growth

Gender Equality and Inclusive Growth

Author: Raquel Fernández

Publisher: International Monetary Fund

Published: 2021-03-04

Total Pages: 50

ISBN-13: 1513571168

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This paper considers various dimensions and sources of gender inequality and presents policies and best practices to address these. With women accounting for fifty percent of the global population, inclusive growth can only be achieved if it promotes gender equality. Despite recent progress, gender gaps remain across all stages of life, including before birth, and negatively impact health, education, and economic outcomes for women. The roadmap to gender equality has to rely on legal framework reforms, policies to promote equal access, and efforts to tackle entrenched social norms. These need to be set in the context of arising new trends such as digitalization, climate change, as well as shocks such as pandemics.


Book Synopsis Gender Equality and Inclusive Growth by : Raquel Fernández

Download or read book Gender Equality and Inclusive Growth written by Raquel Fernández and published by International Monetary Fund. This book was released on 2021-03-04 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper considers various dimensions and sources of gender inequality and presents policies and best practices to address these. With women accounting for fifty percent of the global population, inclusive growth can only be achieved if it promotes gender equality. Despite recent progress, gender gaps remain across all stages of life, including before birth, and negatively impact health, education, and economic outcomes for women. The roadmap to gender equality has to rely on legal framework reforms, policies to promote equal access, and efforts to tackle entrenched social norms. These need to be set in the context of arising new trends such as digitalization, climate change, as well as shocks such as pandemics.

Economic Gains From Gender Inclusion

Economic Gains From Gender Inclusion

Author: Mr.Jonathan David Ostry

Publisher: International Monetary Fund

Published: 2018-10-09

Total Pages:

ISBN-13: 1484379721

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While progress has been made in increasing female labor force participation (FLFP) in the last 20 years, large gaps remain. The latest Fund research shows that improving gender diversity can result in larger economic gains than previously thought. Indeed, gender diversity brings benefits all its own. Women bring new skills to the workplace. This may reflect social norms and their impact on upbringing and social interactions, or underlying differences in risk preference and response to incentives for example. As such, there is an economic benefit from diversity, that is from bringing women into the labor force, over and above the benefit resulting from more (male) workers. The study finds that male and female labor are imperfect substitutes in production, and therefore gender differences in the labor force matter. The results also imply that standard models, which ignore such differences, understate the favorable impact of gender inclusion on growth, and misattribute to technology a part of growth that is actually caused by women’s participation. The study further suggests that narrowing gender gaps benefits both men and women, because of a boost to male wages from higher FLFP. The paper also examines the role of women in the process of sectoral reallocation from traditional agriculture to services and the resulting effect on productivity and growth. Because FLFP is relatively high in services, sectoral reallocation along development paths serves to boost gender parity and productivity.


Book Synopsis Economic Gains From Gender Inclusion by : Mr.Jonathan David Ostry

Download or read book Economic Gains From Gender Inclusion written by Mr.Jonathan David Ostry and published by International Monetary Fund. This book was released on 2018-10-09 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: While progress has been made in increasing female labor force participation (FLFP) in the last 20 years, large gaps remain. The latest Fund research shows that improving gender diversity can result in larger economic gains than previously thought. Indeed, gender diversity brings benefits all its own. Women bring new skills to the workplace. This may reflect social norms and their impact on upbringing and social interactions, or underlying differences in risk preference and response to incentives for example. As such, there is an economic benefit from diversity, that is from bringing women into the labor force, over and above the benefit resulting from more (male) workers. The study finds that male and female labor are imperfect substitutes in production, and therefore gender differences in the labor force matter. The results also imply that standard models, which ignore such differences, understate the favorable impact of gender inclusion on growth, and misattribute to technology a part of growth that is actually caused by women’s participation. The study further suggests that narrowing gender gaps benefits both men and women, because of a boost to male wages from higher FLFP. The paper also examines the role of women in the process of sectoral reallocation from traditional agriculture to services and the resulting effect on productivity and growth. Because FLFP is relatively high in services, sectoral reallocation along development paths serves to boost gender parity and productivity.

Excerpt: Women, Work, and Economic Growth

Excerpt: Women, Work, and Economic Growth

Author: Ms.Kalpana Kochhar

Publisher: International Monetary Fund

Published: 2016-09-09

Total Pages: 30

ISBN-13: 1475535856

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This paper analyzes various linkages and interconnections between gender inequality and the macroeconomy. The prevalence of gender inequality, particularly the presence of gender gaps in the labor force and in economic opportunities, can weigh on and impede inclusive growth. The precise nature of gender gaps varies, but in the majority of countries there are differences between men and women in decision-making power, economic participation, access to opportunities, and social norms and expectations. The analysis shows that gender gaps in pay and in access to resources, occupations, and credit, among other things, not only have negative microeconomic effects on women but also imply large costs for the aggregate economy. Differences in economic outcomes may be a consequence of unequal opportunities and enabling conditions for men and women and for boys and girls. Raising female participation could provide an important boost to growth, but women face two hurdles in participating in the workforce in Japan.


Book Synopsis Excerpt: Women, Work, and Economic Growth by : Ms.Kalpana Kochhar

Download or read book Excerpt: Women, Work, and Economic Growth written by Ms.Kalpana Kochhar and published by International Monetary Fund. This book was released on 2016-09-09 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes various linkages and interconnections between gender inequality and the macroeconomy. The prevalence of gender inequality, particularly the presence of gender gaps in the labor force and in economic opportunities, can weigh on and impede inclusive growth. The precise nature of gender gaps varies, but in the majority of countries there are differences between men and women in decision-making power, economic participation, access to opportunities, and social norms and expectations. The analysis shows that gender gaps in pay and in access to resources, occupations, and credit, among other things, not only have negative microeconomic effects on women but also imply large costs for the aggregate economy. Differences in economic outcomes may be a consequence of unequal opportunities and enabling conditions for men and women and for boys and girls. Raising female participation could provide an important boost to growth, but women face two hurdles in participating in the workforce in Japan.

Understanding the Gender Gap

Understanding the Gender Gap

Author: Claudia Dale Goldin

Publisher: Oxford University Press, USA

Published: 1990

Total Pages: 334

ISBN-13:

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Women have entered the labor market in unprecedented numbers. Yet these critically needed workers still earn less than men and have fewer opportunities for advancement. This study traces the evolution of the female labor force in America, addressing the issue of gender distinction in the workplace and refuting the notion that women's employment advances were a response to social revolution rather than long-run economic progress. Employing innovative quantitative history methods and new data series on employment, earnings, work experience, discrimination, and hours of work, this study establishes that the present economic status of women evolved gradually over the last two centuries and that past conceptions of women workers persist.


Book Synopsis Understanding the Gender Gap by : Claudia Dale Goldin

Download or read book Understanding the Gender Gap written by Claudia Dale Goldin and published by Oxford University Press, USA. This book was released on 1990 with total page 334 pages. Available in PDF, EPUB and Kindle. Book excerpt: Women have entered the labor market in unprecedented numbers. Yet these critically needed workers still earn less than men and have fewer opportunities for advancement. This study traces the evolution of the female labor force in America, addressing the issue of gender distinction in the workplace and refuting the notion that women's employment advances were a response to social revolution rather than long-run economic progress. Employing innovative quantitative history methods and new data series on employment, earnings, work experience, discrimination, and hours of work, this study establishes that the present economic status of women evolved gradually over the last two centuries and that past conceptions of women workers persist.

Unbound

Unbound

Author: Heather Boushey

Publisher:

Published: 2019

Total Pages: 305

ISBN-13: 0674919319

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Many fear that efforts to address inequality will undermine the economy as a whole. But the opposite is true: rising inequality has become a drag on growth and an impediment to market competition. Heather Boushey breaks down the problem and argues that we can preserve our nation's economic traditions while promoting shared economic growth.


Book Synopsis Unbound by : Heather Boushey

Download or read book Unbound written by Heather Boushey and published by . This book was released on 2019 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many fear that efforts to address inequality will undermine the economy as a whole. But the opposite is true: rising inequality has become a drag on growth and an impediment to market competition. Heather Boushey breaks down the problem and argues that we can preserve our nation's economic traditions while promoting shared economic growth.

World Development Report 1978

World Development Report 1978

Author:

Publisher: World Bank Publications

Published: 1978

Total Pages: 135

ISBN-13: 0821372823

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This first report deals with some of the major development issues confronting the developing countries and explores the relationship of the major trends in the international economy to them. It is designed to help clarify some of the linkages between the international economy and domestic strategies in the developing countries against the background of growing interdependence and increasing complexity in the world economy. It assesses the prospects for progress in accelerating growth and alleviating poverty, and identifies some of the major policy issues which will affect these prospects.


Book Synopsis World Development Report 1978 by :

Download or read book World Development Report 1978 written by and published by World Bank Publications. This book was released on 1978 with total page 135 pages. Available in PDF, EPUB and Kindle. Book excerpt: This first report deals with some of the major development issues confronting the developing countries and explores the relationship of the major trends in the international economy to them. It is designed to help clarify some of the linkages between the international economy and domestic strategies in the developing countries against the background of growing interdependence and increasing complexity in the world economy. It assesses the prospects for progress in accelerating growth and alleviating poverty, and identifies some of the major policy issues which will affect these prospects.