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Journal Article

Gender Equality (F)or Economic Growth? Effects of Reducing the Gender Gap in Education on Economic Growth in OECD Countries

Olivier Thévenon and Angelica Salvi Del Pero
Annals of Economics and Statistics
No. 117/118, SPECIAL ISSUE ON THE ECONOMICS OF GENDER (June 2015), pp. 353-377
Published by: GENES on behalf of ADRES
DOI: 10.15609/annaeconstat2009.117-118.353
Stable URL: http://www.jstor.org/stable/10.15609/annaeconstat2009.117-118.353
Page Count: 25
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Gender Equality (F)or Economic Growth? Effects of Reducing the Gender Gap in Education on Economic Growth in OECD Countries
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Abstract

This paper assesses the extent to which the increase in women's human capital, as measured by educational attainment, has contributed to economic growth in OECD countries over the past five decades. Using longitudinal cross-country data covering 30 countries from 1960 to 2008 on education (the Barro-Lee dataset) and growth (update of OECD data), our results point out a positive and significant impact of the increase in women's educational attainment relative to men on output per capita growth – as measured by GDP per capita. Our results are robust to the distinction between sub-periods and indicate that the effect of the equalisation of years of completed education on economic growth has been higher in the most recent periods. Results also hold when countries with an above-average increase in years of completed education are removed from the sample. JEL: J16, J21, J24, O4. / KEY WORDS: Gender, Human Capital, Solow Growth Model, Labour Force Participation, Economic Growth.

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