Citation
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).
Abstract
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.
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Official URL or Download Paper: http://www.ukm.my/fep/perkem/contents/perkem2015-0...
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Additional Metadata
| Item Type: | Conference or Workshop Item (Paper) |
|---|---|
| Divisions: | Faculty of Economics and Management Institute of Gerontology School of Graduate Studies |
| Publisher: | School of Economics, Faculty of Economics and Management, Universiti Kebangsaan Malaysia |
| Keywords: | Population aging; Fertility rate; Malaysia; ARDL |
| Depositing User: | Nabilah Mustapa |
| Date Deposited: | 01 Nov 2016 03:51 |
| Last Modified: | 01 Nov 2016 03:51 |
| URI: | http://psasir.upm.edu.my/id/eprint/48831 |
| Statistic Details: | View Download Statistic |
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