International Academic Journal of Organizational Behavior and Human Resource Management

The Effect of Female Workforce Participation on GDP in the OIC Member Countries

Ali Dehghani and Mohammad Adabi Firouzjai

Abstract: The main purpose of this study is to examine the effect of female workforce participation in economic activities on GDP in the countries of the Organization of Islamic Conference. Since the member states of the Organization of the Islamic Conference (OIC) countries includes the least developed countries or developing countries, hence examining the factors affecting the GDP, as a macro indicator to measure economic growth can be important. For this purpose in this paper, it has paid attention to the female force participation on GDP by using dynamic panel data econometric model of Arellano and Bond in the period of 1990-2012.The results of estimating econometric models show that the coefficient effect of women's participation in OIC member countries on GDP is the negative and is statistically nonsense. Also for measurement and comparison, the above model was estimated for the seven developed countries and the obtained results showed that in these countries female force participation in GDP is the positive and meaningful

Keywords: Gross domestic product (GDP), the OIC member countries, female workforce participation,Arellano and Bond, dynamic panel data

Page: 29-39

Volume 2, Issue 1, 2015