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Lead-lag between female employment and economic growth: evidence from Canada

Masoud Salehyar and Abul Masih

MPRA Paper from University Library of Munich, Germany

Abstract: Based on estimations by (Aguirre, Hoteit, Rupp, & Sabbagh, 2012) there are 865 million women who have the potential to participate in their countries economic development worldwide. Thus, it is a matter of concern to see the effect of their contribution to the economy and how this contribution can be enhanced. In the recent years, there have been numerous studies on the issue of women labor force participation in the economy and economic growth. however, there is a limited number of studies focusing on the casual relation between the mentioned variables. This article is looking into the issue of the causal relationship of women labor force participation in the economy, gender equality in education, and economic growth by using the standard time series techniques such as, VECM and VDC. The results of the paper tend to indicate that there is a bilateral causality between women employment and economic growth where in the short-run GDP is the leading variable but in the long-run it is women employment which is the leader.

Keywords: lead-lag; female employment; economic growth; VECM; VDC (search for similar items in EconPapers)
JEL-codes: C22 C58 E44 (search for similar items in EconPapers)
Date: 2017-06-17
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