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Rivers State University, Port Harcourt.
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| Title: | Gender Inequality and Socioeconomic Development: an Empirical Investigation of the Effect on Unemployment in Nigeria |
| Author(s): | ANINWAGU V. O., ONYEMA J. I., MOMODU A. A. & AMADI C. R. |
| Abstract: | This study examined the relationship between gender inequality and socioeconomic development in Nigeria. The data for the variables were obtained from the NBS, WDI, and the UNDP from1991-2022. The dependent variable used for the study was unemployment rate (UMPR), while the ratio of labour force participation for females to males (RLFP), the gross primary school enrolment rate for females to males (GPER), population growth (POPG), and the adolescent fertility rate (ADFR) were used as predictors variables. The data analysis techniques used included KPSS unit root tests, ARDL bounds cointegration, and the autoregressive distributed lag estimation method. The KPSS unit root tests showed a mixture of I(1) and I(0) series. The ARDL bounds cointegration was established. The ARDL results revealed that the ratio of labour force participation for females to males, the gross primary school enrolment rate for females to males, the adolescent fertility rate, and population growth has a relationship with unemployment rate. Based on these findings, this study recommends among others thing that government should prioritize gender-equal enrolment in primary and secondary education by offering scholarships, improving school infrastructure, and addressing socio-cultural barriers that limit female education; and that policies should promote skills training, entrepreneurship programs, and gender inclusive job creation initiatives to ensure that increased female labor force participation translates into actual employment rather than unemployment. |
| Keywords: | ARDL, KPSS, Ratio of Labour Force Participation, Gross Primary School Enrolment Rate, and Adolescen |
| Journal: | Journal of World Economics and Financial Report Vol 1 No 1 |
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