Isaac Scientific Publishing

Journal of Advances in Economics and Finance

Economic Globalization and Gender Equality: A Case Study of India

Download PDF (321 KB) PP. 117 - 126 Pub. Date: May 17, 2017

DOI: 10.22606/jaef.2017.22004

Author(s)

  • Atrayee Ghosh Roy*
    Department of Economics, 150 Morris Hall, Minnesota State University, Mankato, MN 56001

Abstract

The purpose of this paper is to explore the relationship between economic globalization and gender equality in India. Using time-series data covering the span of 1990 – 2009, this study particularly examines whether the 1991 Indian trade reforms have also contributed to greater gender equality in the labor market. A simultaneous equation model is developed to estimate the effect of trade liberalization on gender inequality. The results show that trade liberalization has a positive and significant effect on gender equality in the labor market. Furthermore, the results also indicate that economic growth contributes to greater gender equality while female enrollment in higher education has a negative effect on gender equality in the labor market.

Keywords

Gender equality, economic globalization, stationary, simultaneity

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