Education of women and economic output in Turkey: Testing for structural breaks
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Tarih
2019
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Peter Lang AG
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
This chapter aims to examine whether or not the education of women impacts the economic output in the case of Turkey. The data are collected for the period ranging between 1971 and 2015. The motive behind choosing Turkey is the fact that education is considered to be one of the basic human rights. Moreover, the motive lies in the provision of World Bank indicating that the female education has a great potential to transform their lives as well as the society as whole. However, despite the fact that the educational level of women and enrollment increases year-by-year in Turkey, women's role in Turkish economy is still far from satisfactory. Hence, this chapter tends to provide additional evidence on the matter taking into account the possible structural breaks in time-series data. Education is approximated using two variables: number of female in secondary and tertiary education, respectively, while economic output is approximated using GDP per capita (current US$). In terms of methodology, the empirical research of this chapter applies Gregory-Hansen cointegration test to explore the presence of structural breaks. Moreover, the chapter uses ARDL model to estimate the relationship between economic terms of interest in both, short and the long run. Gregory-Hansen cointegration test suggests structural break in the case when number of female in tertiary education is taken as a proxy of education. The second proxy variable supports this result. The results of ARDL model suggest a significant positive coefficient with both of the education proxy variables in the long run. However, short-run impact is reported to be negative. The findings of the stability test indicate that the structural breaks drastically influence the results. Hence, these should be taken into account since their ignorance may lead to wrong inference. The results suggest that Turkish government should do necessary changes to stimulate the education of women taking into account the fact that it can significantly contribute to the economic output in the long run. © Peter Lang AG 2019.
Açıklama
Anahtar Kelimeler
ARDL, Economic output, Education of women, Structural breaks, Turkey
Kaynak
The Role of Women in Turkish Economy: Current Situation, Problems and Policies
WoS Q Değeri
Scopus Q Değeri
N/A
