Role of Female Labour Participation in Reducing Income Inequality in ECOWAS Sub-Region

Emmanuel Aderinola Adegun (), Sunday Festus Olasupo (), Ishola James Aransiola (), Toluwani Grace Kalejaiye () and Timothy Ayomitunde Aderemi ()
Additional contact information
Emmanuel Aderinola Adegun: Department of Accounting, Adeleke University, Nigeria
Sunday Festus Olasupo: Department of Accounting, Redeemer`s University, Nigeria
Ishola James Aransiola: Department of Business Administration, Thomas Adewumi University, Oko, Kwara State, Nigeria
Toluwani Grace Kalejaiye: Department of Economics, Tai Solarin University of Education, Ijebu-Ode, Nigeria
Timothy Ayomitunde Aderemi: Department of Economics, Accounting and Finance, Bells University of Technology, Ota,Nigeria

Business & Management Compass, 2023, issue 1, 60-79

Abstract: This study examined the nexus between female labour participation and income inequality in ECOWAS sub-region between 1990 and 2019. Consequently, Panel Dynamic Ordinary Least Squares and Pairwise Panel Causality techniques were used to estimate the objective of the study. The findings from this study are summarized as follows; two (2) of the three (3) indicators of female labour participation- labour participation rate and female employment in service showed a positive and significant relationship with income inequality in ECOWAS sub region. In addition, no feedback relationship exists between any indicators of female labour participation and income inequality in ECOWAS sub region. Meanwhile, a bidirectional causality exists between female educational enrolment and female employment in the service sector. Also, female educational enrolment Granger causes female labour force participation. In the light of the above findings, the following recommendations were offered for the policy makers in ECOWAS sub region and African policymakers, at any time the goal of these policymakers is reduction of income inequality, the labour market policy should be structured in such a way that will give preference to women in the recruitment process. Also, the policymakers should prioritize giving of scholarship to female folks, this will drive a rise in female education enrolment. As such, more educated women will participate in the labour market and consequently earn more income, thereby leading to the reduction in income inequality.

Keywords: ECOWAS; Female labour participation; Income inequality (search for similar items in EconPapers)
JEL-codes: C23 D31 J21 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://journal.ue-varna.bg/uploads/20230330021333_492151736425990dcaf96.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vrn:journl:y:2023:i:1:p:60-79

Access Statistics for this article

Business & Management Compass is currently edited by Julian Vasilev

More articles in Business & Management Compass from University of Economics Varna Contact information at EDIRC.
Bibliographic data for series maintained by Yana Doneva ().