Does Child Marriage Matter for Growth?

27 Pages Posted: 4 Mar 2020

See all articles by Pritha Mitra

Pritha Mitra

International Monetary Fund (IMF)

Eric M. Pondi

International Monetary Fund (IMF)

Malika Pant

International Monetary Fund (IMF)

Luiz F. Almeida

International Monetary Fund (IMF)

Date Written: February 2020

Abstract

Global attention to ending child marriage and its socio-economic consequences is gaining momentum. Ending child marriage is not only critical from a development perspective but it also has important economic implications. This paper is the first to quantify the relationship between child marriage and economic growth. Applying a simultaneous equations model, the analysis shows that eliminating child marriage would significantly improve economic growth-if child marriage were ended today, long-term annual per capita real GDP growth in emerging and developing countries would increase by 1.05 percentage points. The results also provide insights on policy prioritization in developing comprehensive strategies to end child marriage. For example, the strong interdependent relationship between education and child marriage suggests that education policies and the budgets that support them should place greater emphasis on reducing child marriage.

Keywords: Economic growth, Economic conditions, Labor force participation, Human capital, Development, Developing Country, Economic Development, Growth, Macroeconomy, Macroeconomic Policy, Simultaneous Equation Models, Welfare, Well Being, WP, child marriage, per_capita growth, explanatory variable, simultaneous equation model, equation model

JEL Classification: C30, E10, E6, I3, O1, E01, E2, L31, Z13, O4

Suggested Citation

Mitra, Pritha and Pondi Endengle, Eric M. and Pant, Malika and Almeida, Luiz F., Does Child Marriage Matter for Growth? (February 2020). IMF Working Paper No. 20/27, Available at SSRN: https://ssrn.com/abstract=3548438

Pritha Mitra (Contact Author)

International Monetary Fund (IMF) ( email )

700 19th Street NW
Washington, DC 20431
United States

Eric M. Pondi Endengle

International Monetary Fund (IMF) ( email )

700 19th Street, N.W.
Washington, DC 20431
United States

Malika Pant

International Monetary Fund (IMF) ( email )

700 19th Street, N.W.
Washington, DC 20431
United States

Luiz F. Almeida

International Monetary Fund (IMF) ( email )

700 19th Street, N.W.
Washington, DC 20431
United States

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