Gender wage disparity and economic prosperity in Pakistan
The present study is designed to examine the relationship between wage inequalities and economic prosperity in the case of Pakistan. Using provincial-level data for the years 2000 to 2020, the study estimated a multivariate regression model by employing Auto Regressive Distributive Lag (ARDL) pooled...
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| Format: | Article |
| Language: | English |
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Taylor & Francis Group
2022-12-01
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| Series: | Cogent Economics & Finance |
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| Online Access: | https://www.tandfonline.com/doi/10.1080/23322039.2022.2067021 |
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| author | Maria Faiq Javed Atif Khan Jadoon Ayesha Malik Ambreen Sarwar Munazza Ahmed Saima Liaqat |
| author_facet | Maria Faiq Javed Atif Khan Jadoon Ayesha Malik Ambreen Sarwar Munazza Ahmed Saima Liaqat |
| author_sort | Maria Faiq Javed |
| collection | DOAJ |
| description | The present study is designed to examine the relationship between wage inequalities and economic prosperity in the case of Pakistan. Using provincial-level data for the years 2000 to 2020, the study estimated a multivariate regression model by employing Auto Regressive Distributive Lag (ARDL) pooled mean group (PMG) technique. The results reveal that wage inequality, government development spending, labor force participation, and human development significantly affect economic prosperity. It is concluded that gender disparity in the labor market is the main hurdle in the economic wellbeing of the masses in the country. Reducing the differences in wages will enhance overall economic prosperity. The government and private sector should take collaborative measures to reduce wage disparities between the male and female workforce. The study also suggests that government should increase development expenditure, especially on health, education, and social infrastructure, to increase economic prosperity. |
| format | Article |
| id | doaj-art-7880c2e04ad14332bc1fbad42e1daee2 |
| institution | DOAJ |
| issn | 2332-2039 |
| language | English |
| publishDate | 2022-12-01 |
| publisher | Taylor & Francis Group |
| record_format | Article |
| series | Cogent Economics & Finance |
| spelling | doaj-art-7880c2e04ad14332bc1fbad42e1daee22025-08-20T03:12:42ZengTaylor & Francis GroupCogent Economics & Finance2332-20392022-12-0110110.1080/23322039.2022.2067021Gender wage disparity and economic prosperity in PakistanMaria Faiq Javed0Atif Khan Jadoon1Ayesha Malik2Ambreen Sarwar3Munazza Ahmed4Saima Liaqat5School of Economics, University of the Punjab, Lahore, PakistanSchool of Economics, University of the Punjab, Lahore, PakistanSchool of Economics, University of the Punjab, Lahore, PakistanSchool of Economics, University of the Punjab, Lahore, PakistanDepartment of Economics, Virtual University of Pakistan, PakistanDepartment of Economics, Lahore College for Women University, Lahore, PakistanThe present study is designed to examine the relationship between wage inequalities and economic prosperity in the case of Pakistan. Using provincial-level data for the years 2000 to 2020, the study estimated a multivariate regression model by employing Auto Regressive Distributive Lag (ARDL) pooled mean group (PMG) technique. The results reveal that wage inequality, government development spending, labor force participation, and human development significantly affect economic prosperity. It is concluded that gender disparity in the labor market is the main hurdle in the economic wellbeing of the masses in the country. Reducing the differences in wages will enhance overall economic prosperity. The government and private sector should take collaborative measures to reduce wage disparities between the male and female workforce. The study also suggests that government should increase development expenditure, especially on health, education, and social infrastructure, to increase economic prosperity.https://www.tandfonline.com/doi/10.1080/23322039.2022.2067021Gender wage gapeconomic prosperitylabor force participation ratehuman developmentdevelopment expenditureE24 |
| spellingShingle | Maria Faiq Javed Atif Khan Jadoon Ayesha Malik Ambreen Sarwar Munazza Ahmed Saima Liaqat Gender wage disparity and economic prosperity in Pakistan Cogent Economics & Finance Gender wage gap economic prosperity labor force participation rate human development development expenditure E24 |
| title | Gender wage disparity and economic prosperity in Pakistan |
| title_full | Gender wage disparity and economic prosperity in Pakistan |
| title_fullStr | Gender wage disparity and economic prosperity in Pakistan |
| title_full_unstemmed | Gender wage disparity and economic prosperity in Pakistan |
| title_short | Gender wage disparity and economic prosperity in Pakistan |
| title_sort | gender wage disparity and economic prosperity in pakistan |
| topic | Gender wage gap economic prosperity labor force participation rate human development development expenditure E24 |
| url | https://www.tandfonline.com/doi/10.1080/23322039.2022.2067021 |
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