The impact of gender inequality on economic growth; an empirical case of Iraq between 2004 and 2021

Abstract

This study delves into the intricate relationship between gender disparities and economic development in Iraq during 2004-2021. Understanding the impact of gender gaps on a nation's economic well-being is pivotal in today's global landscape. Employing Gross Domestic Product (GDP) per capita as the dependent variable, the analysis hinges on the Gender Inequality Index (GII) developed by the UNDP. This index, ranging from 0 to 1, reflects a country's gender gap, with higher values indicating greater disparity. Utilizing robust statistical methodologies such as Unit Root Tests, Cointegration Analysis, and Regression Analysis, this study unveils the nuanced facets of this connection. The empirical findings shed light on Iraq's approach to gender disparity and the potential economic benefits of addressing this pervasive issue. Notably, the research uncovers a significant negative correlation between Iraq's gender inequality level and economic growth. Such insights offer policymakers, academics, and stakeholders valuable perspectives on the pivotal role gender equality plays in shaping a nation's economic trajectory. In conclusion, this study underscores the imperative of bridging the gender gap for Iraq's socioeconomic advancement, emphasizing its profound implications for the country's economic future.