Determinants of Female Enrollment at Higher Level of Education And its Impact on Economic Development

Education is the key factor of development in any country. Role of female in economic development is increasing day by day. Female education is more important for every nation. The population of females in Pakistan is more than 50% so their role in development process cannot be ignored. The objective of this paper is to determine the role of female enrollment at higher level of education and its impact on the economic development. A time series data is taken for the period of 1974 to 2014. Gross domestic product per capita is taken as dependent variable and adult literacy rate, fertility rate; gross enrollment ratio of tertiary, gross enrollment ratio and labor force ratio of female are taken as independent variables. Co-integration and VEC model was used to analyze the dataset. Our result shows that economic growth of a country can be increased due to increase in adult literacy rate, labor force of female participation ratio and gross enrollment ratio of female. Government of Pakistan should take proper steps to upgrades the female schools and Colleges according the international standard and provide education opportunities at tertiary level so that female may play their due role in national economic development.