A modest proposal for inclusion of women's household human capital production in analysis of structural transformation |
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| Authors: | Kathleen Cloud Nancy Garrett |
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| Affiliation: | 1. University of Illinois, Office of Women in International Development, 320 International Studies Building, 910 South Fifth Street, Champaign, Illinois 61820, USA, e-mail: k-cloud@uiuc.edu;2. University of Illinois, Department of Sociology, 326 Lincoln Hall, 702 South Wright Street, Urbana, Illinois 61801, USA, e-mail: nanc@uiuc.edu |
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| Abstract: | Neoclassical economists posit a set of stylized facts which mark the structural transformation of national economies. Yet these facts, when disaggregated by gender, exhibit puzzling anomalies. For the 132 countries in our sample, female rates of economic activity are much lower than men's, and GDP per capita accounts for less than 16 percent of the variation in female rates. We argue that the missing female labor is occupied in a fourth sector – production and maintenance of human capital. Utilizing a series of heroic assumptions, the paper makes a first rough estimate of the value of this sector on a country-by-country basis. |
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| Keywords: | Women production reproduction labor structural transformation human capital |
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