Panel Data Analysis of the Effects of Female Labor Force Participation on Profit Rates

Authors : Adem Yavuz ELVEREN, Cameron DAVİS, Josh BUDD

Pages : 97-106

Doi:10.33818/ier.1181027

View : 18 | Download : 11

Publication Date : 2023-03-02

Article Type : Research Paper

Abstract :Using a novel dataset, this brief note investigates the effect of female labor force participation insert ignore into journalissuearticles values(FLFP); on three important variables, profit shares, profit rates, and capital-output ratio, covering a very large set of countries insert ignore into journalissuearticles values(i.e., 130); over a recent time period of 1990-2019. This paper shows that while FLFP increases profit share in high-income countries, it reduces in middle-income countries. However, for both middle- and high-income countries, FLFP cannot prevent the overall tendency in profit rates to decline caused by a consistent decline in output-capital ratio.
Keywords : female labor force participation, profits, profit rate