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How demographic and economic growth affecting healthcare expenditure: Malaysia, Thailand, Singapore and Indonesia

Chan, Kai Teck (2024) How demographic and economic growth affecting healthcare expenditure: Malaysia, Thailand, Singapore and Indonesia. Final Year Project, UTAR.

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    Abstract

    The paper studies the possible relationship between the demographic and economic growth through healthcare expenditure. With the time period 2000 to 2020, the paper had selected Curren Health Expenditure (CHE) as the dependent variable to measure the healthcare expenditure. For the measurement of demographic, the population with 65 years old and above (POP65), the population between 0-15 years old (POP15), and infant mortality rate (IMR) had been selected. GDP per capita (GDPPC) was chosen to measure the economic growth. The observation countries are Indonesia, Malaysia, Thailand and Singapore. As the result of the research, it shows that the demographic factor, which the POP65, POP15 and IMR are cointegrated in long term equilibrium. In short run, POP65 and IMR show a negative relationship with current healthcare expenditure and POP15 shows a positive relationship through the dependent variable. GPPPC shows insignificant either in short run or long run estimation in this paper. Keywords: ASEAN, Healthcare Expenditure, Ageing population, VECM

    Item Type: Final Year Project / Dissertation / Thesis (Final Year Project)
    Subjects: H Social Sciences > HA Statistics
    H Social Sciences > HM Sociology
    Divisions: Faculty of Accountancy and Management > Bachelor of Economics (Honours) Global Economics
    Depositing User: Sg Long Library
    Date Deposited: 21 Nov 2025 00:13
    Last Modified: 21 Nov 2025 00:13
    URI: http://eprints.utar.edu.my/id/eprint/6419

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