Role of Social Demography Factors in Economic Growth and Sustainability Models: Evidence from selected emerging economies

Faridah Pardi; Mohammad Yuzaimi Yasin; Nur Fadhlina Zainal Abedin; Sutina Junos

doi:10.21834/e-bpj.v9iSI22.5896

Authors

Faridah Pardi Faculty of Business and Management, Universiti Teknologi MARA Cawangan Negeri Sembilan, Seremban Campus, Malaysia
Mohammad Yuzaimi Yasin MSCS (M) Ptd. Ltd., Bandar Baru Bangi, Malaysia
Nur Fadhlina Zainal Abedin Faculty of Business and Management, Universiti Teknologi MARA Cawangan Negeri Sembilan Kampus Seremban, Negeri Sembilan, Malaysia
Sutina Junos Faculty of Business and Management, Universiti Teknologi MARA Cawangan Negeri Sembilan Kampus Rembau, Negeri Sembilan, Malaysia

DOI:

https://doi.org/10.21834/e-bpj.v9iSI22.5896

Keywords:

Economic Growth, Sustainable Development, Emerging Economies

Abstract

A country’s social demography characteristics are described by population dynamics and technology-based lifestyle changes. Such unique elements may correlate with economic growth and sustainability. In this study, a static panel data model analysis for economic growth and sustainable development of ten emerging economies was presented. Estimation results revealed that social demography factors exhibited a negative significant impact in both economic models, relative to the technological influence. Therefore, effective macroeconomic policies should be meticulously designed against changing demographic trends. Conclusively, by delivering focused public services to the urban area, more liveable cities will emerge to empower human capital development.

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