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A New Growth Engine for Japan Women in STEM Fields; Japan

Despite recent improvements in female labor force participation, women remain underrepresented in STEM fields in Japan. Given the close link between STEM workers and innovation, encouraging women to pursue STEM careers could boost growth potential. Using a calibrated endogenous growth model with STE...

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Bibliographic Details
Main Author: Xu, Rui
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2023
Series:Selected Issues Papers
Subjects:
Social Discrimination & Equal Treatment
Innovation And Invention: Processes And Incentives
Women
Gender Diversity
Cost
Capital And Total Factor Productivity
Production
Industrial Productivity
Labor Markets
Labor Discrimination: Public Policy
International Organization
Gender Studies, Gender Groups
Labor
Women & Girls
Sex Discrimination
International Institutions
International Economics
Gender Studies
Macroeconomics
Capacity
Intellectual Property Rights
Income Economics
International Agreements And Observance
International Organizations
One, Two, And Multisector Growth Models
Labour
Gender Inequality
Economics Of Gender
Monetary Economics
International Agencies
Non-labor Discrimination
Demand And Supply Of Labor: General
Total Factor Productivity
Labor Market
Sex Role
Monetary Policy
Labor Discrimination
Money And Monetary Policy
Women's Studies
Production And Operations Management
Gender
Japan
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:Despite recent improvements in female labor force participation, women remain underrepresented in STEM fields in Japan. Given the close link between STEM workers and innovation, encouraging women to pursue STEM careers could boost growth potential. Using a calibrated endogenous growth model with STEM talent, this paper quantifies the potential gains from eliminating barriers to STEM fields among women. The findings suggest that bridging the gender gap in STEM fields can boost TFP growth by 20 percent and consumption-equivalent welfare by 4 percent in Japan
Physical Description:14 pages
ISBN:9798400242366

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