Open AccessThe Role of Socio-Economic Factors in Determining the Women Bargaining Power in Pakistan
Author(s) -
Mariam Amjad,
Ahmad Nawaz,
Muhammad Masood Anwar,
Abdul Farooq
Publication year - 2021
Publication title -
journal of business and social review in emerging economies
Language(s) - English
Resource type - Journals
eISSN - 2519-089X
pISSN - 2519-0326
DOI - 10.26710/jbsee.v7i2.1823
Subject(s) - bargaining power , power (physics) , position (finance) , economics , value (mathematics) , originality , household income , demographic economics , labour economics , economic growth , sociology , geography , microeconomics , qualitative research , social science , physics , finance , quantum mechanics , machine learning , computer science , archaeology
Purpose:In recent times, women’s status has been upgraded through an increase in socio-economic factors, which had implications in determining their bargaining power. The bargaining process produces household decisions which usually consist of unequal bargaining power. This study investigating the socio-economic factors through which female education and income change their bargaining power at the household.
Design/Methodology/Approach:For this purpose, a primary survey through a questionnaire has administered in different areas of Punjab, Pakistan. We have collected the data 200 working married women OLS ordinary least square model has been applied to estimate our results.
Findings:The result of the study shows that the socio-economic factors has significant and positive role in determining the women bargaining power within and outside the household. Higher income and education not only enhance their bargaining power in decision-making within and outside the household but also increase the status of women in society.
Implications/Originality/Value:Oursociety needs to change their prospective towards women by removing these obstacles and giving them freedom of voice and choice, so they can lead their life according to their will. Changing such social norms through education will create better position for women in the household as well in society.