Economic Values and Gender Variance -An Empirical Analysis

Abstract

The seventh wave of world values survey is being conducted around the world with the aim of exploring the attitudes and beliefs towards gender, family, education, health, security and social tolerance based on the values of Socio, Economic, Political, Ethical, happiness and wellbeing. The first release of 2017-2020 has been released in Nov-2020. This paper uses the survey data and empirically analyzes and explores the gender variance on the parameter of Economic Values variables s namely, income equality, private ownership and Government responsibility. The main purpose of the study is to explore and analyze whether any difference of opinion exists between male and female on the economic values variables. The total respondents of the survey are around 1,25,270 (N) who represent fifty countriesacross the world from an age group of eighteen pluswhere the WVS survey was conducted from 2017 to 2020. The primary data collected from the survey was empirically analyzed using SPSS by running the Independent Sample’ T’ Test to find the variance between the male and female groups. Also using Microsoft Excel the means of the groups were compared country wise. The study concludes that there is a significant variance exists between the genders on the Economic Values parameters and also country wise the variance is different.