IMPACT OF FEMALE LITERACY RATE AND FEMALE LABOR PARTICIPATION RATE ON ECONOMIC GROWTH OF PAKISTAN
DOI:
https://doi.org/10.63075/8pst2y98Keywords:
Female Labor Force, GDP, Female Life Expectancy. Johansen Co-IntegrationAbstract
Objective: This research has explored the impact of female literacy rate and female labor force participation rate on economic growth of Pakistan.
Research Gap: There were very few previous work was available on the nexus between GDP, poverty and life expectancy for Pakistan in last 8 years.
Methodology: This study has employed time series data from 1990 to 2024. The study employed Augmented Dickey Fuller test, Johansen co-integration and Error correlation model for the analysis of data.
The Main finding: The results stated that Female Life Expectancy, Female Labor Force Participation Rate, and Female Literacy Rate have positive while GDP, Poverty have negative impact on GDP.
Practical implication of the finding: This study suggested that female life expectancy has a positive and statistically significant impact on GDP, government must invest women healthcare services to assist long term economic growth. This study also proposed that female labor force participation rate positive but statistically insignificant to GDP. It suggested that governments should prioritize initiatives that focus on providing quality education and training, enhancing healthcare system, and creating abundant employment opportunities in country to foster comprehensive socio-economic development.
