Economic Growth and Employment from 1990-2010: Explaining Elasticities by Gender
Review of Radical Political Economics
Published online on June 06, 2013
Abstract
In this article we estimate the growth elasticity of employment by gender for 160 countries during 1990-2010. We then econometrically model these elasticities to draw out the structural contexts in which gendered employment outcomes respond differently to growth, including measures of economic structure, demographic change, macroeconomic stability, global stance and policy, and income distribution and institutional development. Our investigation shows that the relative size of the service sector and the ratio of female to male labor force participation are key determinants of differences in employment elasticities by gender, creating higher elasticities for women than men. We also find that the terms of global integration, as measured by the current account balance, growth in the terms of trade, and the share of foreign direct investment in investment, are important for both female and male employment elasticities.
JEL classification: O5, F4, B54