Does population aging affect economic growth in Malaysia?
The purpose of this study is to examine the impact of aging on economic growth. The study used dynamic growth model and employed ARDL approach for the period of 1970 to 2013. Three proxies for aging are used namely fertility rate, life expectancy and old dependency ratio. However, only fertility rat...
| Main Authors: | , , |
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| Format: | Conference or Workshop Item |
| Language: | English |
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School of Economics, Faculty of Economics and Management, Universiti Kebangsaan Malaysia
2015
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| Online Access: | http://psasir.upm.edu.my/id/eprint/48831/1/Does%20population%20aging%20affect%20economic%20growth%20in%20Malaysia.pdf |
| _version_ | 1825930082219196416 |
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| author | Ismail, Normaz Wana Abdul Rahman, Siti Wardah Tengku Abdul Hamid, Tengku Aizan |
| author_facet | Ismail, Normaz Wana Abdul Rahman, Siti Wardah Tengku Abdul Hamid, Tengku Aizan |
| author_sort | Ismail, Normaz Wana |
| collection | UPM |
| description | The purpose of this study is to examine the impact of aging on economic growth. The study used dynamic growth model and employed ARDL approach for the period of 1970 to 2013. Three proxies for aging are used namely fertility rate, life expectancy and old dependency ratio. However, only fertility rate detect to have a long run cointegration. The major findings of this study revealed that a reduction of fertility rate lead to higher economic growth. This implied that even though Malaysia will face aging society by 2020, the economic growth still stable and can increase by investing more on human capital. |
| first_indexed | 2024-03-06T09:06:12Z |
| format | Conference or Workshop Item |
| id | upm.eprints-48831 |
| institution | Universiti Putra Malaysia |
| language | English |
| last_indexed | 2024-03-06T09:06:12Z |
| publishDate | 2015 |
| publisher | School of Economics, Faculty of Economics and Management, Universiti Kebangsaan Malaysia |
| record_format | dspace |
| spelling | upm.eprints-488312016-11-01T03:51:55Z http://psasir.upm.edu.my/id/eprint/48831/ Does population aging affect economic growth in Malaysia? Ismail, Normaz Wana Abdul Rahman, Siti Wardah Tengku Abdul Hamid, Tengku Aizan The purpose of this study is to examine the impact of aging on economic growth. The study used dynamic growth model and employed ARDL approach for the period of 1970 to 2013. Three proxies for aging are used namely fertility rate, life expectancy and old dependency ratio. However, only fertility rate detect to have a long run cointegration. The major findings of this study revealed that a reduction of fertility rate lead to higher economic growth. This implied that even though Malaysia will face aging society by 2020, the economic growth still stable and can increase by investing more on human capital. School of Economics, Faculty of Economics and Management, Universiti Kebangsaan Malaysia 2015 Conference or Workshop Item PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/48831/1/Does%20population%20aging%20affect%20economic%20growth%20in%20Malaysia.pdf Ismail, Normaz Wana and Abdul Rahman, Siti Wardah and Tengku Abdul Hamid, Tengku Aizan (2015) Does population aging affect economic growth in Malaysia? In: Tenth Malaysian National Economic Conference (PERKEM), 18-20 Sept. 2015, Melaka, Malaysia. (pp. 205-210). http://www.ukm.my/fep/perkem/contents/perkem2015-06.html |
| spellingShingle | Ismail, Normaz Wana Abdul Rahman, Siti Wardah Tengku Abdul Hamid, Tengku Aizan Does population aging affect economic growth in Malaysia? |
| title | Does population aging affect economic growth in Malaysia? |
| title_full | Does population aging affect economic growth in Malaysia? |
| title_fullStr | Does population aging affect economic growth in Malaysia? |
| title_full_unstemmed | Does population aging affect economic growth in Malaysia? |
| title_short | Does population aging affect economic growth in Malaysia? |
| title_sort | does population aging affect economic growth in malaysia |
| url | http://psasir.upm.edu.my/id/eprint/48831/1/Does%20population%20aging%20affect%20economic%20growth%20in%20Malaysia.pdf |
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