abstract: 'A large number of countries experience negative saving-investment (S-I)

  gaps, which can be detrimental to economic growth. Earlier literature

  indicates that women save more than their male counterparts. In this

  study, our preliminary aim is to understand, whether female employment

  rates increase domestic savings that could potentially contribute

  positively to the S-I gaps in the low and middle-income countries.

  Second, we aim to investigate whether the interaction of female

  employment rates and S-I gap matters for economic growth. The entire

  analysis relies on panel data from 74 low and middle-income countries

  over the period 2000-2017. Various panel data techniques are applied,

  and they reveal similar results. The main finding of the study shows

  that low levels of female employment rate, and therefore inferior female

  earnings, are obstacles to an adequate amount of savings accumulation,

  necessary to close the savings-investment gap and thus, to enhance

  economic growth.'
affiliation: 'Ozdamar, O (Corresponding Author), Izmir Univ Bakircay, Fac Econ \&
  Adm Sci, Dept Econ, TR-35665 Menemen Izmir, Turkey.

  Ozdamar, Oznur, Izmir Univ Bakircay, Fac Econ \& Adm Sci, Dept Econ, TR-35665 Menemen
  Izmir, Turkey.

  Gunduz, Sibel, Adnan Menderes Univ, Fac Econ, Merkez Kampusu, TR-09010 Kepez Mevkii,
  Efeler Aydin, Turkey.

  Giovanis, Eleftherios, Adnan Menderes Univ, Nazilli Fac Econ \& Adm Sci, Dept Publ
  Finance, TR-09800 Cumhuriyet, Isabeyli Nazill, Turkey.'
author: Ozdamar, Oznur and Gunduz, Sibel and Giovanis, Eleftherios
author-email: 'oznur.ozdamar@bakircay.edu.tr

  sgunduz@adu.edu.tr

  e.giovanis@adu.edu.tr'
author_list:
- family: Ozdamar
  given: Oznur
- family: Gunduz
  given: Sibel
- family: Giovanis
  given: Eleftherios
da: '2023-09-28'
eissn: 1757-1189
files: []
issn: 1757-1170
journal: INTERNATIONAL JOURNAL OF COMPUTATIONAL ECONOMICS AND ECONOMETRICS
keywords: 'developing economies; economic growth; female employment rate; gender

  roles; gender inequalities; gender-wage gap; low and middle income

  countries; panel cross-section dependence test; panel data analysis;

  saving-investment gap; social norms; unit root tests'
keywords-plus: 'HEALTH-CARE EXPENDITURE; UNIT-ROOT TESTS; PANEL-DATA; WOMENS WORK;

  INFLATION; PARTICIPATION; COUNTRIES'
language: English
number: '3'
number-of-cited-references: '81'
orcid-numbers: 'OZDAMAR, OZNUR/0000-0002-2188-3733

  Giovanis, Eleftherios/0000-0002-7492-7461'
pages: 241-262
papis_id: c6cdea7bb53a1178213c4e08bb0a2cd4
ref: Ozdamar2022effectfemale
researcherid-numbers: 'OZDAMAR, OZNUR/AAX-3029-2021

  Giovanis, Eleftherios/AAX-5634-2020'
times-cited: '0'
title: The effect of female employment on saving-investment gap and the role of their
  interaction in the economic growth
type: Article
unique-id: WOS:000795159700002
usage-count-last-180-days: '0'
usage-count-since-2013: '0'
volume: '12'
web-of-science-categories: Economics
year: '2022'