Economic development through women’s economic rights: a panel data analysis
Naveed A. Ahmad N. Naz A. Zhuparova A.
May 2023Springer Science and Business Media Deutschland GmbH
International Economics and Economic Policy
2023#20Issue 2257 - 278 pp.
Increasing gender equality and enhancing women empowerment through work opportunities are the important steps in achieving sustainable development. The aim of this paper is threefold: (1) to empirically examine the relationship between women economic rights and economic growth for the global sample. (2) To explore whether the effect of women’s economic rights is different across different economies. (3) This paper uses spatial econometric techniques to examine the impact of women’s economic rights on neighbouring countries. For empirical purpose, we use the data for 171 countries over the period 1960–2016. The results show that women’s economic rights positively affect growth; however, the effect is heterogeneous across different economies. From spatial analysis, we confirm that 75% spillover effect of women economic rights is passing through neighbouring country. The results of this study are consistent and coherent with the EU policy about women’s economic empowerment where it claims that joint effort in promoting women empowerment by all actors could lead to sustainable development and growth.
Economic growth , Spatial econometrics , Sustainable development , Women economic rights
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Department of Business Development and Technology, Aarhus University, Herning, Denmark
Department of Economics and Finance, Sultan Qaboos University, Seeb, Oman
Al-Farabi Kazakh National University, Almaty, Kazakhstan
Department of Business Development and Technology
Department of Economics and Finance
Al-Farabi Kazakh National University
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