Good Governance and Trade Openness in Navigating Women's Labor Participation in Southeast Asia
Keywords:
Governance, Trade Openness, female labor force participation, Southeast Asian countriesAbstract
This study aims to analyze the role of governance and trade openness on female labor force participation in Southeast Asia. To answer the research objective, this study uses analytical techniques including principal component analysis and advanced static panel regression: generalized least square. The results show that institutional governance has a mostly negative effect on female labor force participation, while economic governance has a mostly positive effect. Politicasl governance has a mostly negative effect on female labor force participation, while trade openness has a positive effect on female labor force participation. In addition, life expectancy and government expenditure are identified as driving factors for increasing female labor force participation, given that the role of women is now increasingly massive and is one of the keys to the success of labor productivity in Southeast Asia. Policy implications can be expressed through various transmissions, such as the government actualizing balanced regulations by considering the role of women in the formal and informal sectors. This study is the first to identify the relationship between the role of governance and trade openness on women's labor force participation specifically in Southeast Asian countries in a linear context.
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