| Title |
|
Reducing gender wage inequality increases economic prosperity for all: Insights from Australia |
|
|
| Publication Date |
|
| Author(s) |
|
| Type of document |
|
| Language |
|
| Entity Type |
|
| Publisher |
|
| Place of publication |
|
| DOI |
|
10.1016/j.eap.2017.04.003 |
|
|
| UNE publication id |
|
| Abstract |
|
This paper extends the debate about redressing persistent gender inequality in Australia by examining the relationship between labour productivity and the wage gap in all states and territories (1986-2013). It is a critical case study as Australia's widening gender wage gap is contrary to other developed nations. Using four different estimation methods, we find that reducing the gap by 10% can boost per capita output up to 3%. To check the robustness of our findings, we also control for the effects of both physical and human capital. Our results suggest there exists a strong business case for eliminating the gender wage gap. Given the tangible benefits to both equity and efficiency, such a goal should be of paramount importance for policy makers. |
|
|
| Link |
|
| Citation |
|
Economic Analysis and Policy, v.55, p. 14-24 |
|
|
| ISSN |
|
| Start page |
|
| End page |
|