Economic development, as scholars have cited, is synonymous with the concept of modernization (Diarsi 1996). Modernization and development refer to the progression of society from conservative opinions towards an inclusive and liberal approach where people enjoy equality irrespective of their gender or race. Modern society also assimilates the concept of a 'just' society where women have equal access to resources as their male counterparts and disparities regarding job opportunities, wages, and social status are either non-existent or negligible. Theoretically, modernization should be one of the automatic outcomes of economic development; however, practical examples may not testify this theoretical hypothesis. ...
Essays on Female Participation
2 samples on this topic
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Abstract
Can female participation in the labor force contribute to economic growth? Is there a causal relationship between female participation in the labor force and economic growth? This paper addresses these questions using the vector error correction model. For this study, an annual time series data for the period 1970 to 2012 for the United States has been used. The results show that there exists a co-integration between female participation and GDP per capita, which is a proxy measure for economic development. The result does not support a two-way causality between the variables. However, a causality running from GDP per ...