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Are Women Important For Economic Development? An Evidence On Women’S Participation In Labor Market And Their Contribution To Economic Growth In 83 World Countries

Author

Listed:
  • Ewa Lechman

    (Gdansk University of Technology, Gdansk, Poland)

  • Anna Okonowicz

    (Gdansk University of Technology, Gdansk, Poland)

Abstract

A kind of gender revolution is passing through various countries in various continents. By being offered free access to educational infrastructure, women become better educated, improve their skills and capabilities, gain possibilities to enter the labour market and use financial resources to start up their own businesses. All these bring women to play a role on the labour market and significantly contribute to overall socio-economic development. The women entrepreneurship unfolds various kinds of endowments concerning economic possibilities in wealth creation. The main scope of the paper is to identify and assess the role of gender equity and uniquely women entrepreneurship in the process of socio-economic development. Implying a set of variables, treated as proxies of gender equality and women entrepreneurship, we estimate their coherence with socio-economic development. In the empirical part, we use a cross-country panel data, for 83 economies, which are derived from World Development Indicators 2012 database International Monetary Fund World Economic Outlook Database April 2013. The time coverage is set for 1990-2011.

Suggested Citation

  • Ewa Lechman & Anna Okonowicz, 2013. "Are Women Important For Economic Development? An Evidence On Women’S Participation In Labor Market And Their Contribution To Economic Growth In 83 World Countries," GUT FME Working Paper Series A 13, Faculty of Management and Economics, Gdansk University of Technology.
    • Handle: RePEc:gdk:wpaper:13
    as

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    File URL: https://cdn.files.pg.edu.pl/zie/Strona%20polska/Nauka/Publikacje/Working%20Papers/WP_GUTFME_A_13.pdf
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    References listed on IDEAS

    as
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    2. Candida G. Brush & Sarah Y. Cooper, 2012. "Female entrepreneurship and economic development: An international perspective," Entrepreneurship & Regional Development, Taylor & Francis Journals, vol. 24(1-2), pages 1-6, January.
    3. Candida G. Brush & Nancy M. Carter & Patricia G. Greene & Myra M. Hart & Elizabeth Gatewood, 2002. "The role of social capital and gender in linking financial suppliers and entrepreneurial firms: A framework for future research," Venture Capital, Taylor & Francis Journals, vol. 4(4), pages 305-323, October.
    4. Barbara J. Orser & Allan L. Riding & Kathryn Manley, 2006. "Women Entrepreneurs and Financial Capital," Entrepreneurship Theory and Practice, , vol. 30(5), pages 643-665, September.
    5. Yannis Georgellis & Howard Wall, 2005. "Gender differences in self-employment," International Review of Applied Economics, Taylor & Francis Journals, vol. 19(3), pages 321-342.
    6. Tatiana Tsyganova & Galina Shirokova, 2010. "Gender Differences In Entrepreneurship: Evidence From Gem Data," Organizations and Markets in Emerging Economies, Faculty of Economics, Vilnius University, vol. 1(1).
    7. Jacques Ascher, 2012. "Female Entrepreneurship – An Appropriate Response to Gender Discrimination," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 8(4), pages 97-114.
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    Cited by:

    1. Astrid Sneyers & Anneleen Vandeplas, 2013. "Girl Power in Agricultural Production: How Much Does it Yield? A Case-Study on the Dairy Sector in India," Working Papers id:5562, eSocialSciences.
    2. BILAN Yuriy & OMRAN Emad Attia Mohamed & BILAN Yuriy & OMRAN Emad Attia Mohamed, 2012. "Female Labour Force Participation and the Economic Development in Egypt," European Journal of Interdisciplinary Studies, Bucharest Economic Academy, issue 01, March.
    3. Summia Hussain, 2021. "The Role of ICT in Women’s Empowerment: Cross Country Analysis," Journal of Policy Research (JPR), Research Foundation for Humanity (RFH), vol. 7(3), pages 55-75, September.
    4. BILAN Yuriy & OMRAN Emad Attia Mohamed, 2022. "Female Labour Force Participation and the Economic Development in Egypt," European Journal of Interdisciplinary Studies, Bucharest Economic Academy, issue 01, March.
    5. repec:lic:licosd:34113 is not listed on IDEAS

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    More about this item

    Keywords

    gender equity; women entrepreneurship; gender gap; economic development;
    All these keywords.

    JEL classification:

    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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