Globalization and female economic participation in MINT and BRICS countries
ISSN: 0144-3585
Article publication date: 12 October 2020
Issue publication date: 12 August 2021
Abstract
Purpose
This study examines the effect of globalization on female economic participation (FEP) in MINT (Mexico, Indonesia, Nigeria and Turkey) and BRICS (Brazil, Russia, India, China and South Africa) countries between 2004 and 2018.
Design/methodology/approach
Four measures of globalization are employed and sourced from KOF globalization index, 2018, while the female labour force participation rate is a proxy for FEP. The empirical evidence is based on the Pooled Mean Group (PMG) estimator.
Findings
The findings of the PMG estimator from the Panel ARDL method reveal that political and overall globalization in MINT and BRICS countries have a positive impact on FEP, whereas social globalization exerts a negative impact on FEP in the long-run. It is observed that economic globalization has no long-run effect on FEP. Contrarily, all the measures of globalization reflect no short-run effect on FEP. This supports the argument that globalization has no immediate effect on FEP. Thus, it is recommended that both MINT and BRICS countries should find a way of improving the process of globalization generally to empower women to be involved in economic activities.
Originality/value
This study complements the extant literature by focusing on how globalization dynamics influence FEP in the MINT and BRICS countries.
Keywords
Acknowledgements
The authors are indebted to the editor and reviewers for constructive comments.
Citation
Osinubi, T. and Asongu, S. (2021), "Globalization and female economic participation in MINT and BRICS countries", Journal of Economic Studies, Vol. 48 No. 6, pp. 1177-1193. https://doi.org/10.1108/JES-08-2020-0381
Publisher
:Emerald Publishing Limited
Copyright © 2020, Emerald Publishing Limited