Investigating the Impact of Economic Participation Rate and Women's Education on Economic Growth in (2002-2017) Case Study: South Asian Countries

Abstract

The economic participation rate and education for women as a part of the human fund and human learning force can affect the economic growth of the country, that it mostly attracts the attention of investigators. To consider the importance of this issue; we have evaluated the effect of the economic participation rate and education for women on economic growth in the south of Asia. The main purpose of this study is to investigate the relationship between economic participation rate and women's education level on economic growth in 7 South Asian countries (Afghanistan, Pakistan, India, Maldives, Sri Lanka, Bhutan, and Nepal) during 2005-2017. To achieve the purpose of the research, the method of random effects has been used. The results show that during the study period, the rate of women's economic participation in South Asian countries had a negative impact on economic growth. The coefficient of this variable -2.920470 - shows that by increasing the economic participation rate of women by one percent, economic growth decreases by 2.92 percent. The coefficient of the intersection of women's education rate on women's economic participation rate is positive and significant so that the coefficient of this variable (2.153211) shows that with a one percent increase in women's education rate and its effect on women's economic participation rate, economic growth increases by 2.15 percent finds. Furthermore, the exchange rate with a coefficient (1.802102) has a significant effect on economic growth, that a one percent increase in the exchange rate, can increase economic growth by 1.8 percent. But the variables of inflation and the degree of trade openness do not affect economic growth.