Abstract
AbstractThe aim of this study to contribute to the ongoing research on the effect of female political participation on socioeconomic outcomes. In this study, we explore the link between the proportion of women in parliament and sustainable development, measured by genuine savings indicator. Our study finds that a 10 percentage point increase in the share of women in parliament is associated with an almost 1.25 percentage point increase in the genuine savings rate. In addition, using instrumental variable regression to overcome the problem of endogeneity, we find that women in parliament have causal effect on genuine savings.
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