United Nations Sustainable Development Goals (SDGs), women empowerment and economic growth: Empirical evidence from Kuwait
Vol 8, Issue 8, 2024
VIEWS - 127 (Abstract) 70 (PDF)
Abstract
This study aims to compare investment in human capital, equality of gender education in Kuwait before and after adopting SDG 4 and SDG 5 in 2015. It also aims to assess the effect of women’s empowerment on economic growth. To achieve this objective, published data on the State of Kuwait were collected from the World Bank DataBank between 1992 and 2022 and from the Central Bank of Kuwait. The study employed autoregressive distributed lag (ARDL) to determine the impact of women’s empowerment on economic development. The analysis results revealed that the State of Kuwait provided high-quality education for both genders. The results also showed that women are more educated than men. However, this was not reflected in the role of women in the country’s politics, as their participation in parliament and government is still limited. Similarly, women’s participation in business and economic activities is still limited. Finally, the results of the ARDL test showed that women’s education and their political, business, and economic empowerment affect economic development in the short and long run.
Keywords
Full Text:
PDFReferences
Al-utairi, A., Naser, D., Naser, H., et al. (2022). Determinants of Economic Growth in the West Bank and Gaza Strip. The Indian Journal of Economics and Business, 20(1), 227–235.
Agu, C., Nonso, O. S., Chikodili, E, et al. (2022). Underscoring the Relationship Between Education for Women and National Development in Nigeria. SAGE Open, 12(2).
Ainsworth, M., Beegle, K., & Nyamete, A. (1996). The Impact of Women’s Schooling on Fertility and Contraceptive Use: A Study of Fourteen Sub-Saharan African Countries. The World Bank Economic Review, 10(1), 85–122. https://doi.org/10.1093/wber/10.1.85
Asongu, S., & Odhiambo, N. (2021). The role of inclusive education in governance for inclusive economic participation: gender evidence from sub-Saharan Africa. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.3993611
Baba, U. S., & Anumaka, B. I. (2019). Hegemonial Evaluation of Importance of Women Education and their Socio Economic Development in Fika Local Government Area, Yobe State, Nigeria. Advances in Social Sciences Research Journal, 6(9), 166–171. https://doi.org/10.14738/assrj.69.6176
Barro, R. J. (1991). Economic Growth in a Cross Section of Countries. The Quarterly Journal of Economics, 106(2), 407. https://doi.org/10.2307/2937943
Barro, R., & Jong-wha, L. (1993). International Comparisons of Educational Attainment. Journal of Monetary Economics 32(3), 363–394.
Barro, R. (1996). Determinants of Economic Growth: A Cross-Country Empirical Study. National Bureau of Economic Research. https://doi.org/10.3386/w5698
Barro, R. J., & Sala-i-Martin. (2003). Economic Growth, 2 ed. New York: McGraw-Hill.
Becker G. S. (1964). Human capital: A theoretical and empirical analysis, with special reference to education. Available online: https://ssrn.com/abstract=1496221 (accessed on 11 January 2024).
Becker, G. (1975). Human capital: A theoretical and empirical analysis, with special reference to education, 2nd ed. Columbia University Press. pp. 13–44.
Benavot, A. (1989). Education, Gender, and Economic Development: A Cross-National Study. Sociology of Education, 62(1), 14. https://doi.org/10.2307/2112821
Benhabib, J., & Spiegel, M. M. (1994). The role of human capital in economic development evidence from aggregate cross-country data. Journal of Monetary Economics, 34(2), 143–173.
Bils, M., & Klenow, P. J. (2000). Does Schooling Cause Growth? American Economic Review, 90(5), 1160–1183. https://doi.org/10.1257/aer.90.5.1160
Bloom, D., Canning, D., & Chan, K. (2006). Higher Education and Economic Development in Africa. Available online: http://ent.arp. harvard.edu/ AfricaHigherEducation/Reports/BloomAndCanning.pdf (accessed on 11 January 2024).
Coman, A. C., Lupu, D., & Marcel, F. (2023). The impact of public education spending on economic growth in Central and Eastern Europe. An ARDL approach with structural break. Economic Research-Ekonomska Istraživanja, 36(1), 1261–1278. https://doi.org/10.1080/1331677x.2022.2086147
Cooray, A., Mallick, S. (2011). What explains cross-country growth in South Asia? Available online: https://ssrn.com/abstract=1804000 (accessed on 11 January 2024).
El Alaoui, A. (2016). Impact of women’s education on the economic growth: An empirical analysis applied to Morocco, Algeria, Tunisia, and Egypt. International Journal of Social Sciences and Education Research, 2(3), 960–979. https://doi.org/10.24289/ijsser.279039
Eritobor, T. (2017). Women’s education and development in Nigeria: A content analysis of nussbaum’s capability approach applied to women’s empowerment (2010–2017) [Master’s thesis]. Saint Mary’s University.
Esen, Ö., & Seren, G. Y. (2021). The impact of gender inequality in education and employment on economic performance in Turkey: evidence from a cointegration approach. Equality, Diversity and Inclusion: An International Journal, 41(4), 592–607. https://doi.org/10.1108/edi-04-2021-0099
Gemmell, N. (1996). Evaluating the impacts of human capital stocks and accumulation on economic growth: some new evidence†. Oxford Bulletin of Economics and Statistics, 58(1), 9–28. https://doi.org/10.1111/j.1468-0084.1996.mp58001002.x
Goczek, Ł., Witkowska, E., & Witkowski, B. (2021). How Does Education Quality Affect Economic Growth? Sustainability, 13(11), 6437. https://doi.org/10.3390/su13116437
Hamdan, A., Sarea, A., Khamis, R., et al. (2020). A causality analysis of the link between higher education and economic development: empirical evidence. Heliyon, 6(6), e04046. https://doi.org/10.1016/j.heliyon.2020.e04046
Hanif, N., & Arshed, N. (2016). Relationship between School Education and Economic Growth: SAARC Countries. International Journal of Economics and Financial Issues, Econjournals, 6(1), 294–300.
Hanushek, E. A., & Kimko, D. D. (2000). Schooling, Labor-Force Quality, and the Growth of Nations. American Economic Review, 90(5), 1184–1208. https://doi.org/10.1257/aer.90.5.1184
Hanushek, E. A., & Woessmann, L. (2021). Education and Economic Growth. Oxford Research Encyclopedia of Economics and Finance. https://doi.org/10.1093/acrefore/9780190625979.013.651
Hill, M. A., & King, E. (1995). Women’s education and economic well-being. Feminist Economics, 1(2), 21–46. https://doi.org/10.1080/714042230
Iqbal, A., Hassan, S., Mahmood, H., et al. (2022). Gender equality, education, economic growth and religious tensions nexus in developing countries: A spatial analysis approach. Heliyon, 8(11), e11394. https://doi.org/10.1016/j.heliyon.2022.e11394
Isiaka, R. (2019). Economic growth in Africa: Does gender education still matter?
Kakar, Z. K., Khilji, B. A., Jawad, M. (2011). Relationship between education and economic growth in Pakistan: A time series analysis. Journal of International Academic Research, 11(1), 27–32.
Klasen, S. (2002). Low Schooling for Girls, Slower Growth for All? Cross-Country Evidence on the Effect of Gender Inequality in Education on Economic Development. The World Bank Economic Review, 16(3), 345–373. https://doi.org/10.1093/wber/lhf004
Klasen, S., & Lamanna, F. (2008). The Impact of Gender Inequality in Education and Employment on Economic Growth: New Evidence for a Panel of Countries. Feminist Economics, 15(3), 91–132. https://doi.org/10.1080/13545700902893106
Klasen, S., & Pieters, J. (2015). What Explains the Stagnation of Female Labor Force Participation in Urban India? The World Bank Economic Review, 29(3), 449–478. https://doi.org/10.1093/wber/lhv003
Kotásková, S. K., Prochazka, P., Smutka, L., et al. (2018). The Impact of Education on Economic Growth: The Case of India. Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 66(1), 253–262. https://doi.org/10.11118/actaun201866010253
Licumba, E.; Dzator, J. & Zhang, J. (2015). Gender equality in education and economic growth in selected Southern African countries. The Journal of Developing Area, 49(6) 349-360, https://doi.org/10.1353/jda.2015.0102
Lucas, R. E. (1988). On the mechanics of economic development. Journal of Monetary Economics, 22, 3–42.
Lawson, D. (2008). Gender and Poverty Analysis of the Ethiopian Household Data (19992005). Government of Ethiopia/World Bank.
Licumba, E. A., Dzator, J., & Zhang, J. X. (2015). Gender equality in education and economic growth in selected Southern African countries. The Journal of Developing Areas, 49(6), 349–360. https://doi.org/10.1353/jda.2015.0102
Meulemeester, J. L., Rochat, D. (1995). A causality analysis of the link between higher education and economic development. Econ. Educ. Rev., 4(14), 251–361.
Pritchett, L. (2006). Does learning to Add up Add up? The returns to schooling in aggregate data. In: Handbook of the Economics of Education.
Pritchett, L. (2001). Where Has All the Education Gone? The World Bank Economic Review, 15(3), 367–391. https://doi.org/10.1093/wber/15.3.367
Psacharopoulos, G., (1994). Returns to Investment in Education: A Global Update, World Development, 22(9), 1325–l343.
Quamrul, H. A., Weil, D. N., & Wilde, J. (2013). The Effect of Fertility Reduction on Economic Growth. Population and Development Review, 39(1), 97–130. https://doi.org/10.1111/j.1728-4457.2013.00575.x
Saâd, M. B., & Assoumou Ella, G. (2019). Economic complexity and gender inequality in education: An empirical study. Economics Bulletin, 39(1), 321–334.
Sebki, W. (2021). Education and Economic Growth in Developing Countries: Empirical Evidence from GMM Estimators for Dynamic Panel Data. Economics and Business, 35(1), 14–29. https://doi.org/10.2478/eb-2021-0002
Seguino, S., & Were, M. (2014). Gender, Development and Economic Growth in Sub-Saharan Africa. Journal of African Economies, 23(suppl 1), i18–i61. https://doi.org/10.1093/jae/ejt024
Thévenon, O., Del Pero, A. S. (2015). Gender Equality (F) or Economic Growth? Effects of Reducing the Gender Gap in Education on Economic Growth in OECD Countries. Annals of Economics and Statistics, 117/118, 353. https://doi.org/10.15609/annaeconstat2009.117-118.353
Zaman, K., Khan, M. M., Ahmad, M., et al. (2010). Do Female Enrolment Rates Cause Economic Growth in Pakistan? Asian Social Science, 6(11). https://doi.org/10.5539/ass.v6n11p256
Ziberi, B. F., Rexha, D., Ibraimi, X., et al. (2022). Empirical Analysis of the Impact of Education on Economic Growth. Economies, 10(4), 89. https://doi.org/10.3390/economies10040089
DOI: https://doi.org/10.24294/jipd.v8i8.5435
Refbacks
- There are currently no refbacks.
Copyright (c) 2024 Abdullah Al-Mutairi, Dina Naser, Hani Naser, Kamal Naser
License URL: https://creativecommons.org/licenses/by/4.0/
This site is licensed under a Creative Commons Attribution 4.0 International License.