In developing economies like Pakistan, the rising trend of women's labor participation has become the core indicator of growth and development. In this respect, the MDGs (Millennium Development Goals) relates to efficiency and equity, especially elimination of gender disparities in education, improvement of maternal health, lessening mortality rate among children and women empowerment are desirable goals. But still the representation of women in wage as well as in the self-employment sector is very low. The present study investigates the factors which influence women's participation in self-employment. Primary source of data is used for empirical analysis. Logistic regression technique is employed to estimate the women self-employment model. The findings indicate that age and experience positively affects women's self-employment. Further, it is concluded that education, location and number of dependents significantly reduce the women's work participation as self-employed worker. It is suggested that the government provide technical and vocational education to the women, and also give old age benefits just to minimize the dependency burden.Keywords: Women Self-employment, Experience, Logistic regression, Dependency burden, Higher Education, Per Capita Income.
IntroductionThe population of Pakistan indicates a double faced phenomenon. On the one side, population of the country is considered as an asset and performs an integral role in the growth and development process of the country. On the other hand, the high growth rate of population is a great hindrance in way of economic prosperity and development of the country. For examining the role of human capital in economic development, it is imperative to study both the qualitative and quantitative aspects of the population. At the time of independence in 1947, the total population of Pakistan was 32.5 million. By the year 2006-07, the population reached 156.77 million. The population of Pakistan has grown at an average rate of 2.6 percent per year. The changes in the labor force and employment level are affected by the population growth rate and its composition. This high growth rate of population shows that Pakistan will become the eighth most populous country in the world by the year 2010 (Govt. of Pakistan Economic Survey 2006-07). Employment generation, poverty reduction and human resource development are the main features of Pakistan development policy. The employment led growth rate captures a central place in attaining the sustained development. Table 1 highlights the labor force participation (LFPR) among the region and gender based on crude activity rates in the years 1996-97 to 2005-06. The labor force of Pakistan was estimated at 50.05 million on the basis of participation rate of 32.2 percent during the year 2005-06. During the two years, this rate has increased from 45.23 million to the present level by adding 4.82 million, both men and women. The present situation nevertheless is the information about a high dependency ratio. From the table 1, ...