Andriy Stavytskyy

Taras Shevchenko National University of Kyiv,

Kyiv, Ukraine

E-mail: a.stavytskyy@gmail.com

ORCID 0000-0002-5645-6758

 Gender question: Econometric answer

Ganna Kharlamova

Taras Shevchenko National University of Kyiv,

Kyiv, Ukraine 

E-mail: akharlamova@ukr.net

ORCID 0000-0003-3614-712X

Vincentas Rolandas Giedraitis

Vilnius University,

Vilnius, Lithuania

E-mail: vincasgiedraitis@icloud.com

ORCID 0000-0002-0293-0645

Oksana Cheberyako

Taras Shevchenko National University of Kyiv,

Kyiv, Ukraine 

E-mail: cheberyako@ukr.net

ORCID 0000-0002-1563-9611

Dmytro Nikytenko

National University of Water and Environmental Engineering,

Rivne, Ukraine

ORCID 0000-0003-4989-0879

Abstract. There has been an increased interest in the studies on female entrepreneurship due to the changing sociocultural conditions at the global markets. Despite this trend, there is still a lack of understanding about the female entrepreneurs' role in the internationalization processes of firms and states. The purpose of this research is to examine the impact of gender differences globally. The critical review of available literature and international reports on the topic revealed the research gap in the application of applied econometrics methods for the gender equality study. Noticing the critical shortage of data on the male/female differences in the economy and entrepreneurship we take Global Gender Gap index as the depictive indicator. The research rises six main questions that test the dependence of gender equality on the territorial affiliation of the country, the level of economic development of the country (income and GDP per capita), the unemployment rate in the country, the level of economy’s shadowing, the educational level in the country and supporting of the research, mainly the involvement of women in science. The panel regressions show that in general the Global Gender Gap Index has been growing and will grow due to the internal factors. This means that in the long run, there are no incentives for most countries to accelerate its development. The only exception to this rule are African countries.

Received: December, 2019

1st Revision: March, 2020

Accepted: June, 2020

DOI: 10.14254/2071-789X.2020/13-4/15

JEL Classification: O5, C5, J7

Keywords: panel regression, Global Gender Gap index, Europe, African countries, income, shadow economy, gender equality