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Impact of Economic Freedom on Women's Socioeconomic Status

Title: The Impact of Economic Freedom on Women's Socioeconomic Status.
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Name(s): Thomas, Signè, author
Department of Economics
Type of Resource: text
Genre: Text
Issuance: serial
Date Issued: 2013
Physical Form: computer
online resource
Extent: 1 online resource
Language(s): English
Abstract/Description: In this paper, I explore the impact of economic freedom on women's socioeconomic status, using the Economic Freedom of the World Index to measure economic freedom. I perform regression analysis using thirteen different measures for women's socioeconomic status. For my explanatory variables I control for other various factors that could influence women's socioeconomic status, as well as including region dummy variables for different regions of the world. I ran many models of each regression to see if an increase in economic freedom is associated with an increase in women's socioeconomic status for each of my thirteen measures when certain independent variables are omitted and when the dummy variables are omitted. The main regression equation that I explore in deepest detail for each of the thirteen measures is the one that omits the region dummies and GDP. This is the model that best fits this study, because the geographical location itself is not a causal factor of women's socioeconomic status and therefore regions should be omitted from the regression, and economic freedom is a causal factor of income and therefore GDP should be omitted from the regression. For the best-fitting model, eleven out of thirteen measures for women's socioeconomic status show that an increase in economic freedom is associated with an increase in women's socioeconomic status. My results are consistent with the view that higher levels of economic freedom improve the socioeconomic status of women, and my results are robust across multiple measures of women's socioeconomic status, for many regression models.
Identifier: FSU_migr_uhm-0251 (IID)
Keywords: women, socioeconomic status, economic freedom, female, well-being, EFW Index
Submitted Note: A Thesis submitted to the Department of Economics In a partial fulfilment of the requirements for graduation with Honors in the Major.
Degree Awarded: Summer Semester, 2013.
Date of Defense: May 23, 2013.
Subject(s): Competition, International
Persistent Link to This Record: http://purl.flvc.org/fsu/fd/FSU_migr_uhm-0251
Restrictions on Access: http://creativecommons.org/licenses/by/3.0/
Owner Institution: FSU
Is Part of Series: Honors Theses.

Choose the citation style.
Thomas, S. (2013). The Impact of Economic Freedom on Women's Socioeconomic Status. Retrieved from http://purl.flvc.org/fsu/fd/FSU_migr_uhm-0251