Women in the Labor Market and Economic Growth in Mexico
Main Article Content
Keywords
Women, employment, labor market, general mínimum wages
Abstract
ABSTRACT
Objective: The objective of the work was to analyze the participation of women in the labor market and the effect on economic growth in Mexico, 2000-2021.
Design/methodology/approach: Three multiple linear regression models were developed using the Ordinary Least Squares method. Statistically, the most significant variables were the exchange rate, wages and the employed female population.
Results: The most significant elasticities were before an increase of 10.0% of the Employed population of women, the GDP would increase by 7.83%. For the model where only the employed population of women was left, with an increase of 10.0% of them, the GDP would increase by 10.01%.
Limitations on study/implications: The main limitation was that the information is not available from a single source and the figures vary depending on the official institution.
Findings/conclusions: Based on the results obtained, it is concluded that the participation of women in the labor market does increase economic growth.