Gender equality and economic growth: Is it equality of opportunity or equality of outcomes?

Gender equality and economic growth Is it equality of opportunity or equality of outcomes?

This article explores the impact of gender equality on economic growth. In particular, we focus on the multidimensional nature of gender equality with the object of identifying the relative salience of different aspects of equality. Using exploratory factor analysis on five measures of gender equali...

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Bibliographic Details
Published in:Feminist economics Vol. 21; no. 1; pp. 110 - 135
Main Authors: Mitraa, Aniruddha, Bangb, James T, Biswasc, Arnab
Format: Journal Article
Language:English
Published: Abingdon Routledge 02-01-2015
Taylor & Francis LLC
Subjects:
Arbeitsmarktchance
Auswirkung
Berufliche Integration
Berufserfolg
Bildung
Bildungschance
Chancengleichheit
Deviation
Discriminant analysis
Economic Development
Economic Factors
Economic growth
Education
Equality
Erwerbsquote
Factor Analysis
Frau
Gender
Gender equity
Geschlechtsspezifik
Gleichstellung
Internationaler Vergleich
labor force participation
Mann
Partizipation
Regression Analysis
Sexual Inequality
Social change
Standard deviation
Studies
Welt
Wirtschaftswachstum
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Summary:This article explores the impact of gender equality on economic growth. In particular, we focus on the multidimensional nature of gender equality with the object of identifying the relative salience of different aspects of equality. Using exploratory factor analysis on five measures of gender equality, we identify two distinct dimensions: equality of economic opportunities and equality in economic and political outcomes. Regression analysis conducted on an unbalanced panel of 101 countries taken over nonoverlapping five-year periods from 1990 to 2000 reveals that a standard deviation improvement in equality in economic opportunity increases growth by 1.3 percentage points and a corresponding improvement in participatory equality improves growth by an average of about 1.2 percentage points. However, this impact is contingent on a country's stage of development: while developing economies experience significant improvements in growth from greater equality in opportunity, developed societies see significant improvements resulting from greater equality in outcomes.
Bibliography:ObjectType-Article-1
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ISSN:1354-5701
1466-4372
DOI:10.1080/13545701.2014.930163