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Jurnal Ekonomi Malaysia

43 2009 85 – 105

Pertumbuhan Ekonomi dan Keperluan Pendidikan Tinggi di Malaysia
Economic Growth and Higher Education Demand in Malaysia

Pusat Pengajian Ekonomi
Fakulti Ekonomi dan Perniagaan
Universiti Kebangsaan Malaysia Bangi,
Selangor D.E,
Malaysia

iby@ukm.my

Jabatan Ekonomi,
Fakulti Perniagaan dan Ekonomi
Universiti Pendidikan Sultan Idris
Tanjung Malim, Perak D.R.
Malaysia


Abstract

Previous studies show that higher education expansion is in tandem with national economic growth. However in the case of Malaysia’s economy, graduate unemployment shows an increasing trend especially among those with first degree qualification but relatively lower among those with diplomas. This possibly reflects that the labour market requires relatively more diploma holders compared with the first degree graduates. This however is in contrast with current expansion of higher education in Malaysia which tends to produce more first degree graduates. To avoid wasteful investment of resources, if therefore crucial to determine which education programmes contribute to economic growth. Thus, this article aims at analysing higher education requirement in Malaysia using economic growth and higher education data for 1972-2004 period. With regards to higher education expansion in Malaysia, our OLS regression results show that only enrolment in diploma programmes has significant relationship with the national economic growth.

Keywords

economic growth; economics education; Higher education; regression analysis; unemployment
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Yussof, , & Zakariya, (2009). Pertumbuhan Ekonomi dan Keperluan Pendidikan Tinggi di Malaysia. Jurnal Ekonomi Malaysia, 43, 85–105.

@article{yussof2009pertumbuhan,
  title={Pertumbuhan Ekonomi dan Keperluan Pendidikan Tinggi di Malaysia},
  author={Yussof, Ishak and Zakariya, Zainizam},
  journal={Jurnal Ekonomi Malaysia},
  volume={43},
  number={},
  pages={85—105},
 

year={2009},
}

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