Yulianita, Anna and Marissa, Fenny and Rohima, Siti (2020) Fertility Decline; Long and Short Run Effects on Economic Growth and Labor Markets in Southeast Asia. In: 6th Sriwijaya Economics, Acounting and Business Conference. SEABC, Fakultas Ekonomi Universitas Sriwijaya, pp. 475-486. ISBN ISBN 978-979-587-937-4
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Abstract
This study aims to analyze the effect of fertility decline on the growth in per capita income and labor force participation rates in Southeast Asia during the 1993-2018 period. This study applies the Autoregressive Distributed Lag (ARDL) panel model using PMG, MG and DFE estimators to make forecasts related to fertility decline in the short and long term. The results showed that all countries in the Southeast Asian region responded to a decline in fertility as an increase in per capita income growth and labor force participation, except for Singapore, which responded to a decrease in fertility as a decrease in per capita income growth and the level of labor force participation. Based on the Pooled Mean Group (PMG) estimator, the decline in fertility in the long term have a positive and significant effect on the growth of per capita income in Southeast Asia, while the labor market is not significantly affected by a decline in fertility based on these three estimators. Keyword: Fertility, Economic Growth, Labor Supply
| Item Type: | Book Section |
|---|---|
| Subjects: | H Social Sciences > HB Economic Theory > HB71-74 Economics as a science. Relation to other subjects |
| Divisions: | 01-Faculty of Economics > 60201-Development Economics (S1) |
| Depositing User: | Dr Siti Rohima, SE, M.Si |
| Date Deposited: | 20 Sep 2021 03:08 |
| Last Modified: | 20 Sep 2021 03:08 |
| URI: | http://repository.unsri.ac.id/id/eprint/53493 |
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