This study attempts to theoretically and empirically analyze the incorporation of gendered variables into the Solow growth model. Based upon the fundamental form of the Solow model, as well as relevant literature, a theoretical model is constructed that integrates two gendered variables. Specifically female human capital, and female labor force participation are included in the model to test if gender has an impact on economic growth. It is hypothesized that these variables will have a positive effect on per capita as well as total output. This hypothesis is tested empirically using panel data from 13 MENA (Middle East and North Africa) countries for the years 1995 through 2005. The statistical analysis does not support the hypothesis, however this study finds that increased gender equality, specifically through the promotion of women's economic opportunities, does have a positive effect economic growth.
McClain, Marguerite, "Engendering the Solow Growth Model: An Empirical Analysis of the Impacts of Female Human Capital and Female Labor Force Participation on Economic Growth" (2011). Senior Independent Study Theses. Paper 241.
economic growth, female, human capital, labor force participation, solow model
Bachelor of Arts
Senior Independent Study Thesis
© Copyright 2011 Marguerite McClain