scholarly journals Social Security On Labor Markets to Address the Aging Population in Selected ASEAN Countries

2022 ◽  
Vol 4 (1) ◽  
pp. 01-12
Author(s):  
Genely Manansala ◽  
Danielle Jan Marquez ◽  
Marie Antoinette Rosete

The world is becoming older, and aging in the developing countries of the ASEAN region is unfolding faster than most developed countries in the United States and Europe. This paper examined the effectiveness of old age income security programs mandated in selected ASEAN countries. These programs sought to address the aging problem to encourage the government to promote the aging labor force's efficiency and increase labor force productivity. Furthermore, the study examined the effect of old-age dependency, increase in the life expectancy, and GDP per capita on labor force productivity using a panel data set from selected ASEAN countries from various income brackets, specifically Malaysia, Singapore, Thailand, and Vietnam, which are also classified as yellow group nations that are in the process of the demographic dividend implementation. Using the Multiple Regression Model, the researchers found out that the Old-Age Dependency Ratio positively impacts Labor Force Participation Rate. However, GDP per Capita, Life Expectancy, and the Non-contributory fund decrease the Labor Force Participation Rate.

2021 ◽  
Vol 6 (2) ◽  
pp. 280
Author(s):  
Ayu Sapitri

This study aims to analyze and determine the effect of population factors on economic growth in the Province of the Bangka Belitung Islands. The analysis method used is panel data regression. The type of data is quantitative data in the form of ADHK GRDP data by Regency/City, population growth rate, labor force participation rate, average length of schooling and life expectancy from 2010-2019. The data source is secondary obtained from the Central Bureau of Statistics of the Bangka Belitung Islands Province. The results showed that the population growth rate had a negative and significant effect on economic growth while the labor force participation rate had a positive and insignificant effect on economic growth, the average length of schooling had a positive and significant effect on economic growth and life expectancy had a positive and significant effect on growth. the economy of the Bangka Belitung Islands Province. Simultaneously the population growth rate, labor force participation rate, average length of schooling and life expectancy have a positive and significant impact on economic growth in the Province of the Bangka Belitung Islands.Keywords: Economic Growth, Population Growth Rate, Labor Force Participation Rate, Average Length of Schooling, and Life Expectancy.JEL :  O40, J11, J21, P36


Author(s):  
Jonada Tafa

This thesis examines the relationship of corruption with economic growth, poverty and gender inequality in Albania. Albania is a developing country with a GDP growth rate of 1.6% (World Bank, 2012) and income inequality is a serious problem that government has to deal with. Regarding gender discrimination a lot of progress is made. The current government counts six female ministers in its body. Corruption in Albania is a widespread phenomenon and is found almost in every sector of life. TI CPI index ranks Albania in the 116 place out of 177 countries observed. To study this relationship a multiple regression analysis is conducted. Data for this analysis correspond to years 2000 to 2012 and is accessed from World Bank database. in this analysis CC from World Bank is the dependent variable, while FDI, GDP growth rate, GNI per Capita, Unemployment Rate, Proportion of Women in Parliamentary Positions and Women's share in Labor Force Participation Rate are the explanatory variables. The first two variables are used as indicators of economic growth. GNI per capita and Unemployment rate account for poverty, while the last two variables account for gender inequality. The results have shown that when the level of FDIs in Albania is increased government performance in control of corruption is improved. From the analysis it is understood that a decrease in unemployment rate would increase government performance in control of corruption. The results of the analysis showed that when unemployment rate increase, CC decreases. Regarding the link of corruption with GDP growth rate and GNI per capita, an inverse relationship is observed. With an increase in either GDP growth rate or GNI per capita, CC will decrease. Even the relationship with number of women in parliament and their share in labor force participation rate with corruption resulted to be negative. An increase in either proportion of women in parliamentary positions or share of them in labor force participation rate has shown to worsen government performance in control of corruption.


Author(s):  
Putri Nastiti Wulandari ◽  
Lilis Siti Badriah ◽  
Nunik Kadarwati

This research aims to analyze the determinants of economic growth in East Nusa Tenggara Province, consisting of life expectancy, mean years of schooling, expected years of schooling, purchasing power, labor force participation rate, government investment, and number of tourists on economic growth, and to analyze the dominant variable influencing economic growth. The type of data used in this research is secondary data in the form of panel data with cross sections of 20 regencies/cities and time series for six years (2011-2016). The analytical tool used is panel data regression with fixed effect model. The results show that life expectancy, mean years of schooling, purchasing power, and government investment have a significant effect on economic growth. Whereas expected years of schooling, labor force participation rate, and number of tourists have no significant effect on economic growth. Life expectancy, mean years of schooling, purchasing power, labor force participation rate, government investment, and number of tourists simultaneously affect economic growth.Keywords: Economic Growth, Human Development Index, Labor Force Participation Rate, Government Investment, Number of Tourists.


2005 ◽  
Vol 39 (3) ◽  
pp. 637-662 ◽  
Author(s):  
Serge Feld

Labor force trends up to 2025 for the fifteen countries (before May 1, 2004) of the European Community are examined. Will demographic decline have an early effect on manpower volume? An estimation is made to determine whether present migratory flow levels in these countries will be sufficient to counter labor force stagnation. Manpower trend scenarios are proposed for each country. They show highly contrasting situations. These countries favor different policies for mobilizing and increasing their manpower volume. There is wide divergence between the various EU countries as concerns their demographic situation and labor force participation rate as well as their social security systems. Considering these highly diverse national characteristics, the difficulty in arriving at a consensus on EU migratory policy harmonization is stressed.


2017 ◽  
Vol 4 (2) ◽  
pp. 217 ◽  
Author(s):  
Adnan Khaliq ◽  
Dilawar Khan ◽  
Sultan Akbar ◽  
Muhammad Hamayun ◽  
Barkat Ullah

Female labor force plays a significant role in the economic development of a country. The core objective of this paper is to examine the nexus between female labor force participation rate and Pakistan’s economic growth using time series data for the period 1990-2014. The data was extracted from World Development Indicators database. Augmented-Dickey Fuller (ADF) test was applied to examine the data for unit root. The results show that both the variables--- female labor force participation rate and economic growth---are stationary at first difference i.e. I(1). The error correction model (ECM) and Johansen co-integration tests were used to examine the co-integration relation between the variables. The econometric results conclude that there is long-run and a U-shaped link between economic growth and women labor force participation rate of Pakistan. The results conclude that lower female labor force participation rate leads to lower economic growth in Pakistan. This paper has important policy implications, suggests that policies intend to remove such barriers could help to enhance the Pakistan’s economic growth.


2019 ◽  
Vol 8 (2) ◽  
pp. 68-81
Author(s):  
Igo Septa Saputra ◽  
Zulfanetti Zulfanetti ◽  
Jaya Kusuma Edi

This research aim to: First, analyze the development of labor force participation rate, minimum wages, consumer price index and gross regional domestic product in Jambi Province. This study use time series data between 2000-2017 with data analysis method used namely quantitative descriptive analysis and Ordinary Least Square (OLS) method. Based on the result of data processing using the OLS method in multiple regression equations in 2000-2017 results were obtained. That the average development of the labor force participation rate, minimum wage, consumer price index and gross regional domestic product fluctuative from year to year. Based on processing data obtained results: (1) Consumer price index variable have a positive and not significant effect on labor force participation rate in Jambi Province; (2) The variable minimum wages and gross regional domestic product have a positive and significant effect on minimum wages in Jambi Province. Keywords:       Labor Force Participation Rate,  Minimum Wages, Consumer Price Indexand, and Gross Regional Domestic Product.


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