Education and Economic Growth in Malaysia: The Issues of Education Data

Abdullah, Abdul Jabbar

doi:10.1016/s2212-5671(13)00219-0

Cited by 15 publications

(14 citation statements)

References 8 publications

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“…The empirics exposed that tertiary education is negatively correlated with growth because of brain drain. Abdullah (2013) confirmed the accuracy of data on education for Malaysia and found a negative impact of education on growth due to unproductive use of education.…”

Section: Literature Reviewsupporting

confidence: 67%

“…The higher education causes more returns and economic growth as compared to other levels (Afzal et al, 2011). An unproductive use of education is inversely related with growth (Abdullah, 2013). Education has negative impact on growth in some cases due to some factors like brain drain (Lenkei et al, 2018).…”

Section: Figure 2: Relationship Between Economic Growth and Life Expementioning

confidence: 99%

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Health, Education and Economic Growth Nexus: Evidence from Middle Income Countries

Siddique

Mohey-ud-din

Kiani

2018

GSSR

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Health and education are indispensable factors for economic growth. This study examines the role of health and education in economic growth for 76 middle income countries during 1991-2016, using fixed and random effect approaches. The empirical findings demonstrates that a progressive link among life expectancy and economic growth while inverse association exists between infant mortality and economic growth. The outcomes of FE and RE models stated that secondary and tertiary level education contribute to increase in economic growth. The results also shows capital's encouraging impact on growth, while the labor has negative influence to economic growth. The impact of life expectancy, infant mortality, enrollment in secondary and tertiary education on economic growth is stronger in upper middle income countries (UMIC) with comparison to lower middle income countries (LMIC). The study recommended that economies should focus on education and better health facilities towards betterment especially in lower income states.

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Section: Literature Reviewsupporting

confidence: 67%

Section: Figure 2: Relationship Between Economic Growth and Life Expementioning

confidence: 99%

Health, Education and Economic Growth Nexus: Evidence from Middle Income Countries

Siddique

Mohey-ud-din

Kiani

2018

GSSR

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“…For example, Chen and Wu [40] provided evidence that the development of education is beneficial to the decrease in the unemployment rate. Abdullah [41] highlighted the relationship between secondary and tertiary education in Malaysian datasets. Birchler and Michaelowa [42] emphasized the relationship between primary and secondary education aids and education enrolment.…”

Section: Education and Economic Growth: Modeling Issuementioning

confidence: 99%

The Impact of Higher Education on Economic Growth in ASEAN-5 Countries

Maneejuk

Yamaka

2021

Sustainability

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This study analyzed the nonlinear impacts of education, particularly higher education, on economic growth in the ASEAN-5 countries (i.e., Thailand, Indonesia, Malaysia, Singapore, and the Philippines) over the period 2000–2018. The impacts of education on economic growth are assessed through various education indicators, consisting of public expenditure on tertiary education per student, enrolment rates of primary, secondary, and tertiary levels, educated workforce, and the novel indicator of unemployment rates with advanced education. This study establishes nonlinear regression models—the time-series kink regression and the panel kink regression—to investigate the kink effects of education on the individual country’s economic growth and the ASEAN-5 region, respectively. There are three main findings. Firstly, the nonlinear effects of the government expenditure per tertiary student on economic growth are confirmed for the ASEAN-5 region. However, the impacts do not follow the law of diminishing returns. Secondly, our findings reveal that an increase in unemployment of advanced educated workers can positively or negatively impact economic growth, which requires an appropriate policy to handle the negative impacts. Lastly, secondary and higher education enrollment rates can contribute to the ASEAN-5’s economic growth (both the individual and regional levels). However, the regional analysis reveals that higher education impacts become twice as strong when the enrollment rates are greater than a certain level (a kink point). Therefore, we may conclude that secondary enrollment rates positively affect economic growth; however, higher education is the key to future growth and sustainability.

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“…The results were estimated by using the generalized method of moments (GMM), which showed that human capital has a positive and significant impact on economic growth in both regions [25]. By contrast, Abdullah [26] found a negative relationship between education and economic growth in the case of Malaysia. This is not a new relationship in the literature due to some reasons.…”

Section: Introductionmentioning

confidence: 99%

Impact of Trade Openness and Human Capital on Economic Growth: A Comparative Investigation of Asian Countries

et al. 2020

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The aim of this study is to analyze the impact of trade openness and human capital on economic growth in 19 Asian countries from 1985 to 2017. We selected two geographically distributed regions (Western and Southern Asia) based on difference in their GDP per capita. We applied the unit root tests to examine the level of stationarity and found that all variables were integrated at first difference. Kao and Fisher cointegration tests were employed and the results revealed the presence of a long-run relationship. We applied fully modified ordinary least square (FMOLS) and dynamic ordinary least square (DOLS) models to check the magnitude of the long-run coefficients among trade openness, human capital and economic growth. To investigate the direction of causality, we used a Dumitrescu and Hurlin (DH) causality test. The results indicated that trade openness and human capital have a significant and positive relationship while labor force participation has a negative effect on economic growth in Southern Asia, and in the case of Western Asia, the impact is positive. Foreign direct investment (FDI) has a negative and significant impact on GDP per capita (GDPPC) in Western Asia while it is positive and significant in Southern Asia; Total population (TPOP) has a negative impact on GDPPC in both regions. Furthermore, human capital has a positive and significant impact on trade openness in both panels. Meanwhile, labor force participation (LFP) has a positive and significant impact on trade openness in Southern Asia and a negative impact in the case of Western Asia. Trade openness and economic growth have bidirectional causality in Western Asia and unidirectional causality in Southern Asia. It also shows that human capital and economic growth have unidirectional causality in both regions. promotes growth in several ways. It increases capital formulation and expands markets through an increase in investment [4,5]. It creates enormous benefits to the country's industrial sectors through developing new methods of production and increases the level of employment by creating more job opportunities, and may lead to poverty reduction [6]. There are three tools to measure the ratio of trade openness: one of them is the ratio of total trade volume (import and export) to GDP [7]; the second is the ratio of import and export to total population [8], and finally it can be calculated on the basis of tariff rates. In the current economic scenario, no country can develop successfully without trade openness, investment, and the migration of people. Published literature explored the positive impact of labor productivity on trade openness [9,10]. Trade openness and FDI bring technological transformation in an economy and also help to enhance the human capital of that particular economy [11].Human capital is also observed as a fundamental source of economic growth [12]. It enhances the total productivity level and potential earnings of the labor force [13]. Human capital is also estimated by skills, qualification, ability to create new produ...

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Education and Economic Growth in Malaysia: The Issues of Education Data

Cited by 15 publications

References 8 publications

Health, Education and Economic Growth Nexus: Evidence from Middle Income Countries

Health, Education and Economic Growth Nexus: Evidence from Middle Income Countries

The Impact of Higher Education on Economic Growth in ASEAN-5 Countries

Impact of Trade Openness and Human Capital on Economic Growth: A Comparative Investigation of Asian Countries

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