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Economic Growth and Evolution of Gender Equality

Tatiana Damjanovic () and Geethanjali Selvaretnam ()

Working Papers from Business School - Economics, University of Glasgow

Abstract: We put forward a theoretical growth model where the degree of gender equality evolves towards the value maximising social output. It follows that a woman’s bargaining power positively depends on her relative productivity. When an economy is less developed, physical strength is quite important for production and therefore the total output is bigger when the man has larger share of the reward. As society develops and accumulates physical and human capital, the woman becomes more productive, which drives social norms towards gender equality. By endogenising gender balance of power we can explain why it differs across societies and how it evolves over the time.

Keywords: gender inequality; economic growth; female bargaining power; human capital; natural resources (search for similar items in EconPapers)
JEL-codes: C72 C73 D13 J16 O41 O43 (search for similar items in EconPapers)
Date: 2015-10
New Economics Papers: this item is included in nep-dem, nep-evo, nep-fdg, nep-gro and nep-soc
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Journal Article: Economic Growth and Evolution of Gender Equality (2020) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:gla:glaewp:2015_20

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