Table 6

Institutions, ICT and socioeconomic gender inclusion taking into consideration the level of development and income groups

Variables(1)(2)(3)(4)(5)(6)
Developed economiesDeveloping economiesLow-incomeLower-middle-incomeUpper-middle-incomeHigh-income
Dependent variable: women business and law index
Institutions10.52***3.69614.71***9.339*8.413***12.33*
(2.543)(2.258)(3.948)(5.275)(3.011)(6.150)
ICT0.844***0.402***6.1961.023**0.945***0.750***
(0.286)(0.0503)(4.111)(0.448)(0.332)(0.115)
Financial development−0.005640.002110.433**0.00473−0.06870.0498*
(0.0516)(0.0243)(0.180)(0.0517)(0.0840)(0.0265)
FDI0.176−0.0322**−0.03690.393−0.617−0.0311**
(0.154)(0.0141)(0.194)(0.278)(0.654)(0.0136)
GDP per capita (log)−6.156***−1.887−20.25***−2.767−6.103−7.193
(1.711)(2.991)(2.379)(4.742)(3.874)(4.581)
Constant115.6***94.40***198.2***88.72**125.7***122.7***
(13.06)(26.74)(17.31)(35.30)(38.02)(40.62)
Observations1,494648208608518808
R-squared 0.320   0.510
Fisher8.254***18.51***90.49***2.725**6.341***13.79***

Note(s): ICT, Information and communication technology; FDI, foreign direct investment; GDI, Gross domestic product; Standard errors in parentheses. ***p < 0.01, **p < 0.05, *p < 0.1

Source(s): Computed by authors

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