The Impact Of Female Labour Force On The Economic Growth Of Nigeria (1980-2010)
A country’s labour force consists of everyone of the working age, typically above the age of seventeen and below the retirement age of sixty- five. They are characterized by those who are actively employed or seeking employment. The focus of this study is to determine the impact of female participation in labour force on the economic growth in Nigeria between the periods of 1980- 2010. The research also seeks to investigate the determinants of female contribution to economic growth in Nigeria.
The objective of this study is to determine the relationship between female labour force and economic growth in Nigeria (GDP).The data used was sourced from the National Bureau of Statistics of various years as well as the CBN Statistical Bulletin (volume 21) December, 2010. The ordinary least square method (OLS) was chosen as the estimation tool because of its advantage over other estimation techniques.The major finding was that female labour force employment has a positive impact on the gross domestic product (GDP) of the Nigeria economy. Based on the findings, some recommendations of policy and suggestions have been made.
1.1 Background Of The Study
Gender differentiation and productivity are critical issues that are central to the socio-economic life of any country. Women contribute half or more of the country’s population, but they contribute much less than men towards the value of recorded production both quantitatively in labour force participation and qualitatively in educational achievement and skilled manpower (Olukemi, 2008). The extent to which these phenomena are discussed varies from country to country. While the developed countries have practically graduated from endemic problems of gender differentiation, their less developed counterparts are still battling it.
A close overview of world economies show that women have often been looked down upon in terms of their ability to contribute to the economic well- being of their families which invariably has some correlation to a nation’s economic growth. The under-utilization of female labour as well has obvious implications for economic welfare and growth. In particular, the participation of women in labour force appears to depend much more on the social environment than is the case for men.
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