IDEAS home Printed from https://ideas.repec.org/p/ind/igiwpp/2017-001.html
   My bibliography  Save this paper

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

Author

Listed:
  • 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
    as

    Download full text from publisher

    File URL: http://www.igidr.ac.in/pdf/publication/WP-2017-001.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Alberto Alesina & Dani Rodrik, 1994. "Distributive Politics and Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 109(2), pages 465-490.
    2. Arellano, Manuel & Bover, Olympia, 1995. "Another look at the instrumental variable estimation of error-components models," Journal of Econometrics, Elsevier, vol. 68(1), pages 29-51, July.
    3. C. Mark Blackden, 1999. "Gender, Growth, and Poverty Reduction," World Bank Publications - Reports 9873, The World Bank Group.
    4. Ms. Janet Gale Stotsky, 2006. "Gender and its Relevance to Macroeconomic Policy: A Survey," IMF Working Papers 2006/233, International Monetary Fund.
    5. Borensztein, E. & De Gregorio, J. & Lee, J-W., 1998. "How does foreign direct investment affect economic growth?1," Journal of International Economics, Elsevier, vol. 45(1), pages 115-135, June.
    6. Ms. Katrin Elborgh-Woytek & Ms. Monique Newiak & Ms. Kalpana Kochhar & Ms. Stefania Fabrizio & Mr. Kangni R Kpodar & Mr. Philippe Wingender & Mr. Benedict J. Clements & Mr. Gerd Schwartz, 2013. "Women, Work, and the Economy: Macroeconomic Gains from Gender Equity," IMF Staff Discussion Notes 2013/010, International Monetary Fund.
    7. Katrin Elborgh-Woytek & Monique Newiak & Kalpana Kochhar & Stefania Fabrizio & Kangni R Kpodar & Philippe Wingender & Benedict J. Clements & Gerd Schwartz, 2013. "Women, Work, and the Economy; Macroeconomic Gains from Gender Equity," IMF Staff Discussion Notes 13/10, International Monetary Fund.
    8. Blundell, Richard & Bond, Stephen, 1998. "Initial conditions and moment restrictions in dynamic panel data models," Journal of Econometrics, Elsevier, vol. 87(1), pages 115-143, August.
    9. Persson, Torsten & Tabellini, Guido, 1994. "Is Inequality Harmful for Growth?," American Economic Review, American Economic Association, vol. 84(3), pages 600-621, June.
    10. Stephanie Seguino, 1997. "Gender wage inequality and export-led growth in South Korea," Journal of Development Studies, Taylor & Francis Journals, vol. 34(2), pages 102-132.
    11. Biju Varkkey & Rupa Korde, 2013. "Gender Pay Gap in the Formal Sector: 2006 - 2013: Preliminary Evidence from Paycheck India Data," Working Papers id:5571, eSocialSciences.
    12. Sanika Sulochani Ramanayake & Keun Lee, 2015. "Does openness lead to sustained economic growth? Export growth versus other variables as determinants of economic growth," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 20(3), pages 345-368, July.
    13. Purva Khera, 2016. "Macroeconomic Impacts of Gender Inequality and Informality in India," IMF Working Papers 2016/016, International Monetary Fund.
    14. Seguino, Stephanie, 2000. "Gender Inequality and Economic Growth: A Cross-Country Analysis," World Development, Elsevier, vol. 28(7), pages 1211-1230, July.
    15. Rahman, Rushidan I. & Islam, Rizwanul., 2013. "Female labour force participation in Bangladesh : trends, drivers and barriers," ILO Working Papers 994834893402676, International Labour Organization.
    16. repec:ilo:ilowps:483489 is not listed on IDEAS
    17. Lee, Keun & Kim, Byung-Yeon, 2009. "Both Institutions and Policies Matter but Differently for Different Income Groups of Countries: Determinants of Long-Run Economic Growth Revisited," World Development, Elsevier, vol. 37(3), pages 533-549, March.
    18. Kapsos, Steven., 2008. "The gender wage gap in Bangladesh," ILO Working Papers 994134173402676, International Labour Organization.
    19. Ms. Dalia S Hakura & Mr. Mumtaz Hussain & Ms. Monique Newiak & Mr. Vimal V Thakoor & Mr. Fan Yang, 2016. "Inequality, Gender Gaps and Economic Growth: Comparative Evidence for Sub-Saharan Africa," IMF Working Papers 2016/111, International Monetary Fund.
    20. Nazrul Islam, 1995. "Growth Empirics: A Panel Data Approach," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 110(4), pages 1127-1170.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Taniya Ghosh & Sanika S. Ramanayake, 2021. "The macroeconomics of gender equality," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(2), pages 1955-1977, April.
    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.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Taniya Ghosh & Sanika Sulochani Ramanayake, 2018. "Women empowerment and good times: Which one leads to the other?," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2018-004, Indira Gandhi Institute of Development Research, Mumbai, India.
    2. Taniya Ghosh & Sanika S. Ramanayake, 2021. "The macroeconomics of gender equality," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(2), pages 1955-1977, April.
    3. 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.
    4. Mthanti, Thanti & Ojah, Kalu, 2017. "Institutions, Human Capital and Entrepreneurial Orientation (EO): Implications for Growth Strategy," MPRA Paper 89551, University Library of Munich, Germany.
    5. Jaejoon Woo, 2020. "Inequality, redistribution, and growth: new evidence on the trade-off between equality and efficiency," Empirical Economics, Springer, vol. 58(6), pages 2667-2707, June.
    6. Lee, Keun & Kim, Byung-Yeon & Park, Young-Yoon & Sanidas, Elias, 2013. "Big businesses and economic growth: Identifying a binding constraint for growth with country panel analysis," Journal of Comparative Economics, Elsevier, vol. 41(2), pages 561-582.
    7. Strieborny Martin, 2010. "Inequality and Growth: The Role of Beliefs and Culture," Cahiers de Recherches Economiques du Département d'économie 10.15, Université de Lausanne, Faculté des HEC, Département d’économie.
    8. Keun Lee & Sanika Sulochani Ramanayake, 2018. "Adding-Up Problem and Wage–Productivity Gap in Exports of Developing Countries: A Source of the Middle-Income Trap," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 30(5), pages 769-788, December.
    9. Felipe, Jesus., 2006. "A decade of debate about the sources of growth in East Asia. How much do we know about why some countries grow faster than others?/Una década de debate sobre las fuentes del crecimiento en el Este Asi," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 24, pages 181-220, Abril.
    10. Imène Guetat, 2016. "Economic growth, government size and political instability," Post-Print hal-04097904, HAL.
    11. Fawaz, Fadi & Rahnamamoghadam, Masha & Valcarcel, Victor, 2014. "A Refinement of the Relationship between Economic Growth and Income Inequality in Developing Countries," MPRA Paper 55268, University Library of Munich, Germany.
    12. Rougier, Eric, 2016. "“Fire in Cairo”: Authoritarian–Redistributive Social Contracts, Structural Change, and the Arab Spring," World Development, Elsevier, vol. 78(C), pages 148-171.
    13. Cheikh Tidiane Ndiaye & Armand Akomavo Dagoudo & Babacar Mbengue, 2021. "Growth and Income Distribution Inequalities in Sub-Saharan Africa: A Dynamic Model Approach [Croissance et inégalités de distribution des revenus en Afrique subsaharienne : une approche par les mod," Working Papers hal-03202484, HAL.
    14. Ricardo Fort, 2007. "Land inequality and economic growth: a dynamic panel data approach," Agricultural Economics, International Association of Agricultural Economists, vol. 37(2‐3), pages 159-165, September.
    15. Marrero,Gustavo Alberto & Rodríguez,Juan Gabriel & Van Der Weide,Roy, 2021. "Does Race and Gender Inequality Impact Income Growth ?," Policy Research Working Paper Series 9865, The World Bank.
    16. Maria Adelaide Duarte & Marta Simões, 2004. "Human capital, mechanisms of technological diffusion and the role of technological shocks in the speed of diffusion. Evidence from a panel of Mediterranean countries," Notas Económicas, Faculty of Economics, University of Coimbra, issue 20, pages 102-134, December.
    17. Martin Bijsterbosch & Marcin Kolasa, 2010. "FDI and productivity convergence in Central and Eastern Europe: an industry-level investigation," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 145(4), pages 689-712, January.
    18. Amparo Castelló-Climent, 2004. "A Reassessment Of The Relationship Between Inequality And Growth: What Human Capital Inequality Data Say?," Working Papers. Serie EC 2004-15, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    19. Petra Sauer & Martin Zagler, 2014. "(In)equality in Education and Economic Development," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 60(S2), pages 353-379, November.
    20. Simplice A. Asongu & Nicholas M. Odhiambo, 2023. "Foreign Direct Investment, Information Technology, And Total Factor Productivity Dynamics In Sub‐Saharan Africa," World Affairs, John Wiley & Sons, vol. 186(2), pages 469-506, June.

    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

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ind:igiwpp:2017-001. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Shamprasad M. Pujar (email available below). General contact details of provider: https://edirc.repec.org/data/igidrin.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.