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- Title
Impact of Globalization on Female Labor Force Participation in the SAARC Region.
- Authors
Maqsood, Fauzia; Samiullah
- Abstract
The active participation of females in the labor market is crucial for the rapid growth of any economy. The female labor force participation rate varies across countries due to different factors and it is essential to quantify the impact of these factors on female labor force participation in SAARC region. This study aims to investigate the effect of globalization as measured by foreign direct investment (FDI), trade openness (TOP) and urbanization (URBAN) on female labor force participation (FLFP) for a period of 1990-2010 in SAARC region. For empirical investigation of this study, Panel Fixed Effect and Panel Random Effect models have been used. The findings of the study showed that female's labor force participation has positively and significantly associated with FDI and URBAN, while it was negatively and significantly with TOP. The increased trade openness creates a competitive environment for the residents of developing economies, and hence, they engage in boosting their skills and avoiding to participate in labor market. Findings of this study clearly showed that urbanization and FDI played key role on the female labor force participation decision and had an increasing trend in the SAARC region. Hence, for the productive use of FDI, The government should ensure a secure and profitable environment for the investment and should also create job opportunities so that desired the level of economic growth can be achieved and knowledge of qualified women can be tapped.
- Subjects
LABOR market; WOMEN'S employment; SOUTH Asian Association for Regional Cooperation; LABOR supply; FOREIGN investments; URBANIZATION
- Publication
Pakistan Journal of Social Sciences (PJSS), 2014, Vol 34, Issue 2, p523
- ISSN
2074-2061
- Publication type
Article