Assessing the Effects of Economic Globalization on Female Labor Force Participation in ASEAN Countries from 2000-2020

Date

6-2025

Degree

Bachelor of Science in Economics

College

College of Economics and Management (CEM)

Adviser/Committee Chair

Niño Alejandro Q. Manalo

Committee Member

Paul Joseph B. Ramirez, Gideon P. Carnaje, Maria Angeles O. Catelo

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Abstract

This study assessed the impact of KOF de jure and de facto measures of economic globalization on female labor force participation (FLFP). It examined the relationship between FLFP as the dependent variable and numerous explanatory variables: KOF de jure and de facto measures of trade and financial globalization to account for economic globalization, and female life expectancy, fertility rate, gross domestic product (GDP) per capita, and religion as control variables. Utilizing data from World Bank and KOF, the study employed a fixed effects model. Interestingly, the findings of the study reveal that among globalization variables, only the KOF de facto financial globalization is statistically significant in affecting FLFP. Contrary to the expected relationship between the variables, the coefficient is positive, implying that an increase in KOF de facto financial globalization boosts FLFP. Furthermore, the squared term of GDP per capita exhibits a U-shaped relationship with FLFP, which is aligned with feminization U-hypothesis. Nevertheless, the study recommends focusing on other regions on assessing the impact of economic globalization on FLFP and supplement the model with variables that measure educational attainment and health status of women.

Language

English

LC Subject

Labor and globalization, Labor supply

Location

UPLB College of Economics and Management (CEM)

Call Number

LG 993.5 2025 E2 P47

Notes

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Document Type

Thesis

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