Female Labor Force Participation Rate in Indonesia: An Empirical Evidence from Panel Data Approach
Economic development constantly faces various macroeconomic issues such as achieving inflation targets, creating job opportunities, increasing economic growth, solving unemployment problems, and flattening income distribution. This study aims at analyzing the impact of provincial minimum wages, econ...
Main Authors: | , , |
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Format: | Article |
Language: | English |
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Editura ASE
2020-06-01
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Series: | Management and Economics Review |
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Online Access: | http://mer.ase.ro/files/2020-1/5-11.pdf |
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author | Gatot SASONGKO Bernard Edheney HURUTA Andrian Dolfriandra HURUTA |
author_facet | Gatot SASONGKO Bernard Edheney HURUTA Andrian Dolfriandra HURUTA |
author_sort | Gatot SASONGKO |
collection | DOAJ |
description | Economic development constantly faces various macroeconomic issues such as achieving inflation targets, creating job opportunities, increasing economic growth, solving unemployment problems, and flattening income distribution. This study aims at analyzing the impact of provincial minimum wages, economic growth, and education level on female labor force participation rate. We generated the data from Indonesia's Central Bureau of Statistics website. This study employs panel data that consists of the time-series data from 2014 to 2018 and cross-sectional data of 34 provinces in Indonesia. By using the fixed-effect econometric model, we demonstrate that the provincial minimum wage and education level have significantly positive effects on female labor force participation rate. However, economic growth has no significant effect on female labor force participation rate. These findings suggest that the Indonesian government needs to consider minimum wages, education, work age, and work experience as policy instruments to increase female labor force participation rate. This study contributes to the literature in Indonesia by using a panel data approach. |
first_indexed | 2024-12-23T13:41:21Z |
format | Article |
id | doaj.art-fe3fc5479e5f49e7be1957ec914a3c4e |
institution | Directory Open Access Journal |
issn | 2501-885X 2501-885X |
language | English |
last_indexed | 2024-12-23T13:41:21Z |
publishDate | 2020-06-01 |
publisher | Editura ASE |
record_format | Article |
series | Management and Economics Review |
spelling | doaj.art-fe3fc5479e5f49e7be1957ec914a3c4e2022-12-21T17:44:52ZengEditura ASEManagement and Economics Review2501-885X2501-885X2020-06-015113614610.24818/mer/2020.06-11Female Labor Force Participation Rate in Indonesia: An Empirical Evidence from Panel Data ApproachGatot SASONGKO0Bernard Edheney HURUTA1Andrian Dolfriandra HURUTA2Faculty of Economics and Business, Satya Wacana Christian University, IndonesiaFaculty of Economics and Business, Satya Wacana Christian University, IndonesiaFaculty of Economics and Business, Satya Wacana Christian University, IndonesiaEconomic development constantly faces various macroeconomic issues such as achieving inflation targets, creating job opportunities, increasing economic growth, solving unemployment problems, and flattening income distribution. This study aims at analyzing the impact of provincial minimum wages, economic growth, and education level on female labor force participation rate. We generated the data from Indonesia's Central Bureau of Statistics website. This study employs panel data that consists of the time-series data from 2014 to 2018 and cross-sectional data of 34 provinces in Indonesia. By using the fixed-effect econometric model, we demonstrate that the provincial minimum wage and education level have significantly positive effects on female labor force participation rate. However, economic growth has no significant effect on female labor force participation rate. These findings suggest that the Indonesian government needs to consider minimum wages, education, work age, and work experience as policy instruments to increase female labor force participation rate. This study contributes to the literature in Indonesia by using a panel data approach.http://mer.ase.ro/files/2020-1/5-11.pdffemale labor force participation rateprovincial minimum wageeconomic growtheducation levelpanel data |
spellingShingle | Gatot SASONGKO Bernard Edheney HURUTA Andrian Dolfriandra HURUTA Female Labor Force Participation Rate in Indonesia: An Empirical Evidence from Panel Data Approach Management and Economics Review female labor force participation rate provincial minimum wage economic growth education level panel data |
title | Female Labor Force Participation Rate in Indonesia: An Empirical Evidence from Panel Data Approach |
title_full | Female Labor Force Participation Rate in Indonesia: An Empirical Evidence from Panel Data Approach |
title_fullStr | Female Labor Force Participation Rate in Indonesia: An Empirical Evidence from Panel Data Approach |
title_full_unstemmed | Female Labor Force Participation Rate in Indonesia: An Empirical Evidence from Panel Data Approach |
title_short | Female Labor Force Participation Rate in Indonesia: An Empirical Evidence from Panel Data Approach |
title_sort | female labor force participation rate in indonesia an empirical evidence from panel data approach |
topic | female labor force participation rate provincial minimum wage economic growth education level panel data |
url | http://mer.ase.ro/files/2020-1/5-11.pdf |
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