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동아시아 국가에서 여성의 고용, 출산 및 성장 간의 상호관련성(Cross-country correlations of women's employment, fertility, and growth in the East Asia) : 패널 SVAR 모형을 이용한 실증분석(Empirical analysis using panel SVAR model)

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  • 동아시아 국가에서 여성의 고용, 출산 및 성장 간의 상호관련성(Cross-country correlations of women's employment, fertility, and growth in the East Asia)
  • 이종하; 황진영
  • 한국보건사회연구원


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Title 동아시아 국가에서 여성의 고용, 출산 및 성장 간의 상호관련성(Cross-country correlations of women's employment, fertility, and growth in the East Asia)
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Sub Title

패널 SVAR 모형을 이용한 실증분석(Empirical analysis using panel SVAR model)

Material Type Articles
Author(Korean)

이종하; 황진영

Publisher

서울:한국보건사회연구원

Date 2011-03
Journal Title; Vol./Issue 보건사회연구:vol.31(no.1)
Pages 24
Subject Country China(Asia and Pacific)
Hong Kong(Asia and Pacific)
Indonesia(Asia and Pacific)
Japan(Asia and Pacific)
Malaysia(Asia and Pacific)
Philippines(Asia and Pacific)
Singapore(Asia and Pacific)
South Korea(Asia and Pacific)
Thailand(Asia and Pacific)
Language Korean
File Type Link
Subject Social Development < Population
Social Development < Employment
Holding 한국보건사회연구원

Abstract

This paper empirically examines correlations between women’s employment, fertility and growth, using panel data of 9 East Asian countries, including Korea, China, Japan, Hong Kong, Malaysia, Indonesia, Thailand, the Philippines, and Singapore over the period of 1980-2008. With the cross-country panel data available from the World Bank on female labor force participation rates, total fertility rates, and economic growth rates in East Asian countries, we analyzed correlations between women’s employment, fertility and growth by estimating impulse response functions and variance decomposition, using the panel structural VAR model with imposed long-run restrictions. The results of the empirical panel analysis show that the impact of the other two variables on the target variable is about 6-11%, which is smaller than the 20-40% range obtained from the time series analysis conducted on the variables in each individual country. The study shows that the endogenous correlations among women’s employment, fertility and growth across 9 East Asian countries exist; however, the degree is much smaller as compared to the correlations of these variables in each country. This is because immigrant workforce, especially that of women, still has a meagre presence in the region’s entire workforce, thus having a negligent impact on the women’s employment, fertility and growth in the region. Unlike EU member countries, countries in the East Asia haven't been able to coordinate their economic policies, and workforce mobility is very low due to the lack of legal instruments that promote such mobility.