The Panel Data Analysis of Female Labor Participation and Economic Development Relationship in Developed and Developing Countries

Murat Belke () and Süleyman Bolat ()
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Murat Belke: Faculty of Economics and Administrative Sciences, Mehmet Akif Ersoy University, Burdur, Turkey
Süleyman Bolat: Faculty of Economics and Administrative Sciences, Aksaray University, Aksaray, Turkey and Tax Administration Research Center (TARC), Business School, University of Exeter, Exeter, UK

Economic Research Guardian, 2016, vol. 6, issue 2, 67-73

Abstract: This study investigates the long term (structural change in the economy) determinant of female labor participation. We test the U-shape hypothesis which is developed by Boserup (1970) and Goldin (1995) for the long-term relationship between economic development and female labor participation. The dataset includes 148 countries between the different time periods from 1991 to 2014. We also divide countries into two group based on the IMF methodology: developed countries (36 advanced countries) and developing countries (112 emerging and other developing countries). This paper used both fixed effects model and system generalized method of moments (GMM) estimator developed by Arellano and Bover (1995) and Blundell and Bond (1998). Results indicate that the U-shape hypothesis is valid in developing countries independently from the estimation methodology.

Keywords: Female Labor Participation; Economic Development; Labor Market; Panel Data Analysis (search for similar items in EconPapers)
JEL-codes: C23 F66 J16 J21 J22 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:wei:journl:v:6:y:2016:i:2:p:67-73

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