Keywords
Local Investment
Total Employment
Male Employment
Female Employment
National Investment
How to Cite
Abstract
The objective of this research is to determine the impact of total investment in the economy, disaggregated by levels of government—national, regional, and local—on employment generation, differentiated by gender. The sample comprises all departments within the national territory, and the study spans the period from 2012 to 2022. To estimate the parameters, the POOL panel method was employed. The fixed effects and random effects models yielded inconsistent and non-significant results, leading to the adoption of the POOL panel approach. The results indicate that, at the aggregate employment level, a unit increase in local government investment generates a 0.44% increase in total employment, followed by national government investment, which contributes a 0.36% increase. When disaggregated by gender, a unit increase in local government investment results in a 0.39% increase in male employment, again followed by national government investment with a 0.36% increase. For female employment, a unit increase in local government investment leads to a 0.51% increase, with national government investment contributing 0.36%.
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