International Congress on Eurasian Economies

International Conference on Eurasian Economies

24-25 August 2021 – Istanbul, TURKEY and ONLINE

Paper properties

Paper ID : 2542
Status : Paper published
Language : Turkish
Topic : Microeconomics and Entrepreneurship
Presenter: Asst. Prof. Dr. Adem Türkmen
Session : 6C Girişimcilik

Women Entrepreneurship in Transition Economies: The Causality Relationship with Economic Growth
Geçiş Ekonomilerinde Kadın Girişimciliği: Ekonomik Büyüme ile Nedensellik İlişkisi

Abstract

Especially in the structures where women are excluded from socioeconomic life parallel to the traditional understanding of society, the burden has remained on men as a factor of production. However, as women started to be included in the production process as a production factor in parallel with getting rid of this shackle, societies that experienced an increase in the labor force stock gained a greater advantage than societies that could not achieve this. On the other hand, not only in terms of the workforce but also with its entrepreneurial dimension, the factor of women leads to significant progress in economic development. In other words, it is clear that entrepreneurship in general and women's entrepreneurship, which is an excluded factor in many societies in particular, has higher effects on economic growth and development. Since the market mechanism was not known due to the public power that carried out production and distribution in the former socialist countries that went through the transition from socialism to capitalism, the process was built by trial and error. Beyond the perspectives that perceive women as non-production, the claim that not seeing women as planning the independent production process would be an obstacle to economic development has been analyzed on 18 former socialist countries. Considering the cross-sectional dependency and heterogeneity problems of the data used in the study, the panel Grenger Causality test was conducted. In the findings obtained, it has been determined that there is a one-way causal relationship from women's entrepreneurship to economic growth.

JEL codes: L26, O10, P20

Yarbaşı, İkram Yusuf , Türkmen, Adem (2021). "Women Entrepreneurship in Transition Economies: The Causality Relationship with Economic Growth" in Proceedings of International Conference of Eurasian Economies 2021, pp.475-484, Istanbul, TURKEY and ONLINE.

DOI: https://doi.org/10.36880/C13.02542

Full paper in PDF format.

Session 6C: Girişimcilik

Eurasian Economists Association Istanbul Beykent University Doğuş University Kyrgyz-Turkish Manas University