Globalization and Female Labor Force Participation (FLFP): Evidence from ASEAN Middle-Income Countries (Thailand, Indonesia, Vietnam, and Philippines)
Fajar Wijaya () and
Ihsan Azhari
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Fajar Wijaya: Hasanuddin University
Ihsan Azhari: Hasanuddin University
A chapter in Proceedings of the 8th International Conference on Accounting, Management, and Economics (ICAME 2023), 2024, pp 309-325 from Springer
Abstract:
Abstract This study is aimed at observing the influence of globalization on FLFP in ASEAN middle-income countries. The data used in the study is panel data with a cross-section of four countries (Philippines, Indonesia, Thailand, and Vietnam) and time series 1990–2020 sourced from WDI, KOF, and UNDP. The estimation technique in this study uses panel autoregressive distributed lag (PARDL) with the pooled mean group (PMG) method. The findings in this research generally show the negative effects of globalization and several of its dimensions on the FLFP of ASEAN middle-income countries in the long term. Apart from that, economic growth and fertility levels were also found to harm the FLFP of middle-income ASEAN countries, while the average number of years of schooling for women was not found to affect FLFP. Based on country, globalization, and its dimensions show varying effects on the FLFP of ASEAN middle-income countries.
Keywords: Globalization; FLFP; Economic Growth; Fertility; Average of Years Schooling Female (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-400-6_23
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DOI: 10.2991/978-94-6463-400-6_23
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