{
  "title": "A New Growth Engine for Japan: Women in STEM Fields; Japan",
  "publication": "Selected Issues Papers, May 18, 2023",
  "sourceUrl": "https://www.imf.org/en/publications/selected-issues-papers/issues/2023/05/18/a-new-growth-engine-for-japan-women-in-stem-fields-japan-533500",
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  "summary": "Despite recent improvements in female labor force participation, women remain underrepresented in STEM fields in Japan. Given the close link between STEM workers and innovation, encouraging women to pursue STEM careers could boost growth potential.",
  "sections": [
    {
      "heading": "Overview",
      "content": "- Despite recent improvements in female labor force participation, women remain underrepresented in STEM fields in Japan.\n- Encouraging women to pursue STEM careers could boost Japan's growth potential due to the close link between STEM workers and innovation.\n- The paper uses a calibrated endogenous growth model with STEM talent to quantify potential gains from eliminating barriers to STEM fields among women."
    },
    {
      "heading": "Key findings",
      "content": "- Bridging the gender gap in STEM fields can boost TFP growth by 20 percent.\n- Bridging the gender gap in STEM fields can boost consumption-equivalent welfare by 4 percent."
    },
    {
      "heading": "Methodology",
      "content": "- Calibration of an endogenous growth model that incorporates STEM talent to evaluate the macroeconomic impact of increased female participation in STEM."
    },
    {
      "heading": "Policy implications and emphasis",
      "content": "- Removing barriers to STEM fields for women is presented as a lever to increase innovation-driven growth and raise welfare in Japan.\n- The analysis highlights the importance of gender diversity in STEM as a contributor to total factor productivity improvements.\n\n---\n\n Content in this bundle\n\n- sipea2023030 — A New Growth Engine for Japan: Women in STEM Fields\n  - sipea2023030 — A New Growth Engine for Japan: Women in STEM Fields (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - sipea2023030 — A New Growth Engine for Japan: Women in STEM Fields (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/selected-issues-papers/issues/2023/05/18/a-new-growth-engine-for-japan-women-in-stem-fields-japan-533500"
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    "Authors: Rui Xu",
    "Published: May 18, 2023",
    "Series: Selected Issues Papers",
    "DOI: https://doi.org/10.5089/9798400242366.018",
    "Despite recent improvements in female labor force participation, women remain underrepresented in STEM fields in Japan.",
    "Encouraging women to pursue STEM careers could boost Japan's growth potential due to the close link between STEM workers and innovation.",
    "The paper uses a calibrated endogenous growth model with STEM talent to quantify potential gains from eliminating barriers to STEM fields among women.",
    "Bridging the gender gap in STEM fields can boost TFP growth by 20 percent.",
    "Bridging the gender gap in STEM fields can boost consumption-equivalent welfare by 4 percent.",
    "Calibration of an endogenous growth model that incorporates STEM talent to evaluate the macroeconomic impact of increased female participation in STEM.",
    "Removing barriers to STEM fields for women is presented as a lever to increase innovation-driven growth and raise welfare in Japan.",
    "The analysis highlights the importance of gender diversity in STEM as a contributor to total factor productivity improvements.",
    "**sipea2023030 — A New Growth Engine for Japan: Women in STEM Fields**"
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