A DYNAMIC MODEL OF FEMALE LABOR FORCE PARTICIPATION RATE AND HUMAN CAPITAL INVESTMENT
1
조회
0
다운로드
0
인용
0
참고문헌
키워드
초록
This paper develops a dynamic model of human capital investment and labor participation. The main focus is on the fact that women’s labor force participation rate is U-shaped over the course of development. We also analyze the behavior of the relative education levels of men and women, the education levels of women in the labor force and outside of it, and the magnitude and sign of income and wage effects. The underlying assumption of the model is the existence of economies of scope in the traditional sector of the economy. This creates a tradeoff between remaining in traditional production where farm work and child rearing can be undertaken simultaneously, and moving to modern production where income is potentially higher.
Abstract
This paper develops a dynamic model of human capital investment and labor participation. The main focus is on the fact that women’s labor force participation rate is U-shaped over the course of development. We also analyze the behavior of the relative education levels of men and women, the education levels of women in the labor force and outside of it, and the magnitude and sign of income and wage effects. The underlying assumption of the model is the existence of economies of scope in the traditional sector of the economy. This creates a tradeoff between remaining in traditional production where farm work and child rearing can be undertaken simultaneously, and moving to modern production where income is potentially higher.
참고문헌 (33)
- Adams, J., "Decoupling the Farm and the Household: Differential Consequence of Capitalist Development on Southern Illinois and Third World Family Farms", Comparative Studies in Society and History, 30(3), pp.453~482 (1988)
- Arellano, M., "Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to the Employment Equations", Review of Economic Studies, 58(2), pp.277~297 (1991)
- Barro, R., "A New Data set of Educational Attainment in the World, 1950-2010", Journal of Development Economics, 104, pp.184~198 (2012)
- Barro, R., "Economic Growth" (1995), McGraw-Hill
- Boserup, E., "Women’s Role in Economic Development" (1970), St. Martin’s Press
- Chen, Y., "Mother’s Education and Child Health: Is There a Nurturing Effect?", Journal of Health Economics, 28(4), pp.413~426 (2009)
- Currie, J., "Mother’s Education and the Intergenerational Transmission of Human Capital: Evidence from College Openings", Quarterly Journal of Economics, 118(4), pp.1495~1532 (2008)
- Edwards, L., "Home-Based Work and Women’s Labor Force Decisions", Journal of Labor Economics, 20(1), pp.170~200 (2002)
- The Demographic Transition and the Sexual Division of Labor, "Falco, B. L. S.", NBER, ~, pp.Working Papers, 12838 (2007)
- Galor, O., "The Gender Gap, Fertility, and Growth", The American Economic Review, 86(3), pp.374~387 (1996)
- Goldin, C., "Understanding the Gender Gap: An Economic History of American Women" (1992), Oxford University Press
- The U-Shaped Female Labor Force Function in Economic Development and Economic History, "Goldin, C.", NBER, ~, pp.Working Paper, 4707 (1994)
- Greenwood, J., "Handbook of Economic Growth, vol. 1", pp.1225~1273 (2005), Elsevier
- Greenwood, J., "Engines of Liberation", Review of Economic Studies, 72(1), pp.109~133 (2005)
- Women’s Education in Developing Countries, "King, E. M.", World Bank Publications, ~ (1997)
- Horrell, S., "Women’s Labour Force Particpation and the Transition to the Male-Breadwinner Family", The Economic History Review, 48(1), pp.89~117 (1995)
- Push or Pull? Drivers of Female Labor Force Participation during India’s Economic Boom, "Klasen, S.", Institute for Study of Labor Discussion, ~, pp.Paper, 6395 (2012)
- Economic Growth and Female Labour Force Participation in India, "Lahoti, R.", IIM, ~, pp.Research Paper, 414 (2013)
- Lorgelly, P. K., "Barro’s Fertility Equations: The Robustness of the Role of Female Education and Income", Applied Economics, 33(8), pp.1065~1075 (2001)
- Lorgelly, P. K., "The Effect of Female and Male Schooling on Economic Growth in the Barro-Lee model", Empirical Economics, 24(3), pp.537~557 (1999)
- Mincer, J., "Aspects of Labor Economics" (1962), Princeton University Press
- Do Maternal Investments in Human Capital Affect Children’s Academic Achievement?, "Moore, Q.", Department of Economics, ~ (2004)
- Mott, F., "Fertility, Life Cycle Stage and Female Labor Force Participation in Rhode Island: A Retrospective Overview", Demography, 9(1), pp.173~185 (1972)
- Oropesa, R. S., "Female Labor Force Participation and Time-Saving Household Technology: A Case Study of the Microwave from 1978 to 1989", Journal of Consumer Research, 19(4), pp.567~579 (1993)
- Rauch, J. E., "The Three Arab Worlds", Journal of Economic Perspectives, 23(3), pp.165~188 (2009)
- Gender Role in Production, Demographic Transition and the Switch From Physical to Mental Human Capital, "Tam, H.", Texas A&M University, ~ (2003)
- Gender Role in Production, Demographic Transition and Economic Take-off, "Tam, H.", New York University, ~ (2007)
- Tam, H., "U-Shaped Female Labor Participation with Economic Development: Some Panel Data Evidence", Economic Letters, 110(2), pp.140~142 (2011)
- Tensel, A., "Economic Development and Female Labor Force Participation in Turkey: Time Series Evidence and Cross-Province Estimates", ERC Working Papers in Economics, 1(5) (2002)
- The Millennium Development Goals Report, "United Nations", ~ (2012)
- Winstanley, M., "Industrialization and the Small Farm: Family and Household Economy in Nineteenth Century Lancashire", Past and Present, 152, pp.157~195 (1996)
- World Development Indicators, , World Bank, ~ (2013)