Fiscal Policy Stance and Gender Equality in Asia Pacific: An Empirical Analysis

Chakraborty, Lekha S and Elson, Diane and Chowdhury, Samik (2004): Fiscal Policy Stance and Gender Equality in Asia Pacific: An Empirical Analysis.

Abstract

Econometric analysis of impact of fiscal policy stance on gender equality is a new area of research. Using fixed effects model of pooled least squares, the paper examined the impact of public expenditure on gender aware human development processes in Asia Pacific region. The results revealed that fiscal policy stance has a positive impact on HDI and GDI. The widely explored link between economic growth captured in terms of per capita income and the human development has been refuted by the results may be due to the increasing inequality in command over resources. The same results hold for sector-specific models as well. The result broadly conforms to the proposition that fiscal stance on human capital formation gets transformed to the end results of better human development indicators, despite the constraints of intra-household disparities in resource allocation.

• Item Type: MPRA Paper
• Language: English
• Keywords: Fixed Effects, gender equality, human development index, gender development index, public expenditure, fiscal stance, public policy
• Subjects: C - Mathematical and Quantitative Methods > C3 - Multiple or Simultaneous Equation Models ; Multiple Variables > C33 - Panel Data Models ; Spatio-temporal Models; E - Macroeconomics and Monetary Economics > E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook > E62 - Fiscal Policy; H - Public Economics > H5 - National Government Expenditures and Related Policies; H - Public Economics > H5 - National Government Expenditures and Related Policies > H50 - General; I - Health, Education, and Welfare > I0 - General

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