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Ageing population and economic growth: evidence from Malaysia


Citation

Taasim, Shairil Izwan (2020) Ageing population and economic growth: evidence from Malaysia. South Asian Journal of Social Studies and Economics, 7 (4). pp. 11-18. ISSN 2581-821X

Abstract

This main purpose of this article investigated the impact of ageing population on economic growth in Malaysia. Annual time series data for 27-year duration (1990-2017) was used and the autoregressive distributed lag (ARDL) was applied. This study will focuses on addressing role of ageing population in Malaysia by context that failed to receive much attention especially in employment sector. By using Romer [1] endogenous theory, the cointegration result revealed that exists a long run relationship exists between ageing population in Malaysia government development expenditure in education and economic growth. Our analysis recommends further investment in government expenditure in education sector to achieving higher human capital capability as a towards high income country and ageing phenomena.


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Additional Metadata

Item Type: Article
Divisions: Faculty of Humanities, Management and Science
DOI Number: https://doi.org/10.9734/sajsse/2020/v7i430196
Publisher: Sciencedomain International
Keywords: Ageing; Economic growth; ARD; Labor; Human capital
Depositing User: Ms. Nuraida Ibrahim
Date Deposited: 15 Jun 2022 04:38
Last Modified: 15 Jun 2022 04:38
Altmetrics: http://www.altmetric.com/details.php?domain=psasir.upm.edu.my&doi=10.9734/sajsse/2020/v7i430196
URI: http://psasir.upm.edu.my/id/eprint/87783
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