Abstract
The study analysis wage equation for women in Ondo State Nigeria, in other to identify the determinant factors of their wages. Data collected from 250 women heads of households through a multi-stage random system technique were analyzed. In order to deal with the zero wage problem associated with those who did not work, various single – equation models were applied. These include wage equation estimated by ordinary least squares; Heckman two-step sample selection model (Heckit) and Maximum Likelihood Estimation. The test on the sample selection coefficients in the Heckman two-step indicates presence of sample selection bias and that the use of the censored sample model would lead to incorrect estimates. It was discovered that the number of children in the household is negatively related to wage of the women in the region. The study suggested that child bearing by women should be reduced as large family size puts pressure on family income and hours of work.
Highlights
The changing role of women and growing awareness of their economic inequality with respect to men have brought international attention to women’s issues in the world in recent decades.Nigeria men and women do not share the same level of economic development
Of great interest to know what women’s economic positions in Nigeria with different economic development levels and how much their positions have improved with economic development
A seemingly common belief is that the economic condition of women improves with economic development
Summary
Nigeria men and women do not share the same level of economic development It is of great interest to know what women’s economic positions in Nigeria with different economic development levels and how much their positions have improved with economic development. A seemingly common belief is that the economic condition of women improves with economic development. This is because economic development improves the population’s economy, thereby improving women’s absolute economic condition. It increases the education of women and the rest of society, which raises awareness about women’s inferior position, thereby prompting remedial action
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