Economic Growth and Gender Wage Gap, Case in ASEAN 6 Members Countries

Abstract

This study was conducted to determine the effect of the wage gap between men and women in the world of work on economic growth in Brunei Darussalam, Indonesia, Malaysia, the Philippines, Singapore and Thailand, which are members of ASEAN. The data sources are WorldBank, United Nation, and statistical report from related countries, with total of 174 observed data, including data on state per capita income, wage gaps, total years of schooling, and the labor force.This study was conducted with secondary and quantitative data, using Stata 15 as a data processor. Three hypotheses were proven using Stata 15, and the validity, reliability, and relationships between variables were able to be determined. From data collection and process, it is found that all hypotheses are accepted. Gender pay gap has a negative effect on economic growth. The bigger the gap, the more the economic growth will decline.

Keywords: Economic Growth, Wage Gap, Education, Labor Force, ASEAN, Gender