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Rivers State University, Port Harcourt.
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| Title: | Gender Inequality and Economic Growth in Nigeria |
| Author(s): | ICHENWO Gift & ISUKUL Araniyar |
| Abstract: | This study examined how gender inequality affected economic growth in Nigeria. Female labour force participation and female school enrolment were used as proxies for gender inequality whereas GDP growth was used to measure economic growth. The data on all the variables were obtained from the World Development Indicators and analyzed using descriptive statistics, unit root and cointegration tests as well as parsimonious error correction model. The results of the unit root test showed that all the variables are stationary at first difference. The evidence stationary at first difference implies that the variables are integrated of order one. It was observed from both the trace and MaxEigen value tests results that one cointegrating equation exists in the model. Thus, the null hypothesis of no cointegration was rejected. The findings revealed that female labour force participation contributed positively to economic growth during the study. This suggests that the involvement of women in formal employment has the potential of driving economic growth in long run. The results also showed that female school enrolment does significant affected economic growth. The coefficient of the error correction term showed the model can adjust to long run equilibrium position at a speed of 56.99 percent. Based on the findings, it was recommended that the labour force reforms in Nigeria should be gender sensitive to create more opportunities for female participation to enhance economic growth. |
| Keywords: | Gender inequality, female, labour force, school enrolment, economic growth, GDP growth |
| Journal: | Journal of Contemporary Research in Economics and Development Studies (JCREDS) |
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