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The Impact of Gender Inequality on GDP in EU Countries Cover

The Impact of Gender Inequality on GDP in EU Countries

Open Access
|Oct 2023

Figures & Tables

Tab. 1:

Results of panel regression models

ModelFEMREMPooled
variableEstimatesignificance (p–value)Estimatesignificance (p–value)Estimatesignificance (p–value)
GEI103.8315*(0.0768)134.9978*(0.0438)767.4512***(0.0002)
GPG−35.1447−(0.6136)−51.2419−(0.5193)−828.2484**(0.0077)
ER312.0235***(<0.0001)290.4494***(<0.0001)598.8017*(0.0456)
PEP0.2875−(0.6866)0.1763−(0.7297)−0.8835*(0.0174)
EDU−8.6735−(0.6576)−18.6857−(0.4093)−389.8658***(<0.0001)
Panel diagnosticsCollinearity diagnostics
Testp-valueVIF testGEI1.8806
F-test<2.22e-16GPG1.2296
Jarque–Bera0.5462ER1.9123
Durbin–Watson0.0002PEP1.3320
Breusch–Pagan0,1870EDU1.1288

Source: Own elaboration by the authors based on Eurostat and EIGE

Notes:

*** denotes 0.01 significance level,

** denotes 0.05, and

* denotes 0.1.

Fig. 1:

GDP per capita for the years 2015 and 2019

Source: Own based on Eurostat and EIGE

Note: Q1: the quadrant with the lowest EUR value of GDP per capita; Q4: the quadrant with the highest EUR value of GDP per capita

Fig. 2:

Gender Equality Index for the years 2015 and 2019

Note: Q1: countries with low scores; Q4: countries with high scores

Fig. 3:

Gender Pay Gap for the years 2015 and 2019

Source: Own based on Eurostat and EIGE

Note: Q1: lowest wage differences expressed in %; Q4: the highest wage differences expressed in %.

Fig. 4:

Female employment rate for the years 2015 and 2019

Source: Own based on Eurostat and EIGE

Note: Q1: low female employment rate in %; Q4: high female employment rate in %.

Fig. 5:

Population of women for the years 2015 and 2019

Source: Own based on Eurostat and EIGE

Note: Q1: the lower number of the female population (1000); Q4: the higher number of the female population (1000).

Fig. 6:

Graduates in tertiary education by education level for the years 2015 and 2019

Source: own based on Eurostat and EIGE

Note: Q1: the lowest number of women with tertiary education (women per 100 men); Q4: the highest number of women with tertiary EDU (women per 100 men).

Tab. 2:

Results of LISA cluster analysis

Country20152019
GDPGEIGPGERPEPEDUGDPGEIGPGERPEPEDU
Belgium114334114334
France112214112414
Germany112124112224
Italy134324133324
Luxembourg114334114334
Denmark111134111134
Portugal432334434234
Spain423414414314
Austria241232221234
Finland112143112143
Sweden113141113141
Czechia441131441132
Estonia441141441141
Hungary444241442243
Latvia441141441141
Lithuania444241442241
Poland443411443311
Slovakia441441441141
Slovenia424442423242
Bulgaria442442442441
Romania444443443343

[i] Source: Own elaboration by the authors

[ii] Note: 1 – high–high area; 2 – high–low area; 3 – low–high area; 4 – low–low area; 2015: GDP: 1 – (25,860–82,820); 2 – (36,140); 4 – (5700–23,090); GEI: 1 – (64.9–79.7); 2 – (66.1–67.4); 3 – (54.4–56.5); 4 – (51.2–61.3); GPG: 1 – (15.1–26.7); 2 – (15.5–21.8); 3 – (7.3–14.1); 4 – (4.7–14.2); ER: 1 – (66.4–77.6); 2 – (66.2–72.2); 3 – (50.5–65); 4 – (50.3–64.6); PEP: 1 – (6688.6–11,693); 2 – (8895.8–16,588.9); 3 – (106.1–2037.1); 4 – (272.1–3326.1); EDU: 1 – (153.32–193.7); 2 – (123.92–156.38); 3 – (139.85–149.66); 4 – (100.6–147); 2019: GDP: 1 – (27,230–83,590); 2 – (38,090); 4 – (6630–25,180); GEI: 1 – (66.9–83.6); 2 – (65.3–68.3); 3 – (59.9–63); 4 – (51.9–59.8); GPG: 1 – (14–21.7); 2 – (13.3–19.2); 3 – (3.3–11.8); 4 – (1.3–10.9); ER: 1 – (71.7–78.9); 2 – (72.1–77.4); 3 – (53.9–68.1); 4 – (69.4–70.2); PEP: 1 – (6730.7–11,937.4); 2 – (9231–17,398.1); 3 – (122.9–2174.3); 4 – (278.2–3387.7); EDU: 1 – (151.02–192.75); 2 – (150.04–157.57); 3 – (144.12–144.88); 4 – (98.24–144).

Fig. 7:

Moran's scatter plot: GDP

Source: Own based on Eurostat and EIGE

Fig. 8:

Moran's scatter plot: Gender Equality Index

Source: own based on Eurostat and EIGE

Fig. 9:

Moran's scatter plot: Gender Pay Gap

Source: Own based on Eurostat and EIGE

Fig. 10:

Moran's scatter plot: Employment rate

Source: Own based on Eurostat and EIGE

Fig. 11:

Moran's scatter plot: Population of women

Source: Own based on Eurostat and EIGE

Fig. 12:

Moran's scatter plot: Education

Source: Own based on Eurostat ad EIGE

Tab. 3:

Moran's I statistics

Year/variableGDPGEIGPGERPEPEDU
20150.4398 (0.0029)0.6058 (0.0006)0.0676 (0.2805)0.2252 (0.0806)0.0249 (0.3415)0.5838 (0.0007)
20170.4420 (0.0029)0.5816 (0.0316)0.0760 (0.2673)0.1243 (0.1857)0.0223 (0.3463)0.4948 (0.0033)
20190.4451 (0.0029)0.6035 (0.0006)0.0462 (0.3184)0.0940 (0.2277)0.0262 (0.3385)0.5125 (0.0023)

[i] Source: Own elaboration by the authors based on Eurostat and EIGE

[ii] Note: p-values are in parentheses; significance level α = 0.05.

Language: English
Page range: 13 - 32
Submitted on: May 17, 2023
Accepted on: Jun 21, 2023
Published on: Oct 14, 2023
Published by: University of Matej Bel in Banska Bystrica, Faculty of Economics
In partnership with: Paradigm Publishing Services
JEL:

© 2023 Simona Juhásová, Ján Buleca, Peter Tóth, Rajmund Mirdala, published by University of Matej Bel in Banska Bystrica, Faculty of Economics
This work is licensed under the Creative Commons Attribution 4.0 License.