Assessing the effect of gender-related legal reforms on female labour participation and GDP per capita in the Central American region Cover Image

Assessing the effect of gender-related legal reforms on female labour participation and GDP per capita in the Central American region
Assessing the effect of gender-related legal reforms on female labour participation and GDP per capita in the Central American region

Author(s): Arnoldo López-Marmolejo, C. Vladimir Rodríguez-Caballero
Subject(s): Social Sciences, Economy, Geography, Regional studies
Published by: Központi Statisztikai Hivatal
Keywords: women; business and the law index; gender inequality in law; economic growth; female labour participation; panel-VAR; CAPADOM

Summary/Abstract: Women's participation in the labour market in Central America, Panama, and the Dominican Republic (CAPADOM) is low by international standards. Increasing their participation is a goal of many policymakers who want to improve women's access to quality employment. This study uses data from CAPADOM to assess whether gender equality in the law increases women's participation in the labour force and, if that is the case, the extent to which this boosts GDP per capita. To do so, the authors use a panel VAR model. The results show that CAPADOM could increase female labour participation rate by 6 percentage points (pp) and GDP per capita by 1 pp by introducing gender-related legal changes such as equal pay for equal work, paid parental leave, and allowing women to do all the same jobs as men.

  • Issue Year: 13/2023
  • Issue No: 03
  • Page Range: 391-411
  • Page Count: 14
  • Language: English