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Intergenerational conflict between young and old on public education spending: a revisit / Wong Sing Yun, Rudy Ansar and Faerozh Madli

The intergenerational conflict over public education allocation has remained to be a subject of contentious debate. As such, this study aimed to examine the impact of the elderly population and young population growth that could potentially affect educational spending within the context of Malaysia...

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Main Authors: Wong, Sing Yun, Ansar, Rudy, Madli, Faerozh
Format: Article
Language:English
Published: Faculty of Business and Management 2022
Subjects:
Personal finance. Financial literacy
L Education (General)
Online Access:https://ir.uitm.edu.my/id/eprint/72139/1/72139.pdf
https://ir.uitm.edu.my/id/eprint/72139/
https://myjms.mohe.gov.my/index.php/JIBE/index
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spelling my.uitm.ir.721392022-12-30T08:16:01Z https://ir.uitm.edu.my/id/eprint/72139/ Intergenerational conflict between young and old on public education spending: a revisit / Wong Sing Yun, Rudy Ansar and Faerozh Madli Wong, Sing Yun Ansar, Rudy Madli, Faerozh Personal finance. Financial literacy L Education (General) The intergenerational conflict over public education allocation has remained to be a subject of contentious debate. As such, this study aimed to examine the impact of the elderly population and young population growth that could potentially affect educational spending within the context of Malaysia. This study will employ the Autoregressive Distributed Lag (ARDL) method to determine the intergenerational conflict on public education expenditure in Malaysia. The empirical finding from this study demonstrated the significant influence of both the elderly and young population on public education spending. Any increase in the young population was followed by a proportional increase in education expenditure. Meanwhile, the increase in the elderly population does not appear to reduce public education spending. This implied that there is intergenerational conflict which would put pressure on public education spending. The changes in population structure could bring implications as to how the public expenditure will be allocated. The evidence from this paper will further provide useful insight and policy recommendations to policymakers on how to improve education financing in the future. Faculty of Business and Management 2022-12 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/72139/1/72139.pdf Intergenerational conflict between young and old on public education spending: a revisit / Wong Sing Yun, Rudy Ansar and Faerozh Madli. (2022) Journal of International Business, Economics and Entrepreneurship (JIBE), 7 (2): 2. pp. 14-24. ISSN 2550-1429 https://myjms.mohe.gov.my/index.php/JIBE/index
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic Personal finance. Financial literacy
L Education (General)
spellingShingle Personal finance. Financial literacy
L Education (General)
Wong, Sing Yun
Ansar, Rudy
Madli, Faerozh
Intergenerational conflict between young and old on public education spending: a revisit / Wong Sing Yun, Rudy Ansar and Faerozh Madli
description The intergenerational conflict over public education allocation has remained to be a subject of contentious debate. As such, this study aimed to examine the impact of the elderly population and young population growth that could potentially affect educational spending within the context of Malaysia. This study will employ the Autoregressive Distributed Lag (ARDL) method to determine the intergenerational conflict on public education expenditure in Malaysia. The empirical finding from this study demonstrated the significant influence of both the elderly and young population on public education spending. Any increase in the young population was followed by a proportional increase in education expenditure. Meanwhile, the increase in the elderly population does not appear to reduce public education spending. This implied that there is intergenerational conflict which would put pressure on public education spending. The changes in population structure could bring implications as to how the public expenditure will be allocated. The evidence from this paper will further provide useful insight and policy recommendations to policymakers on how to improve education financing in the future.
format Article
author Wong, Sing Yun
Ansar, Rudy
Madli, Faerozh
author_facet Wong, Sing Yun
Ansar, Rudy
Madli, Faerozh
author_sort Wong, Sing Yun
title Intergenerational conflict between young and old on public education spending: a revisit / Wong Sing Yun, Rudy Ansar and Faerozh Madli
title_short Intergenerational conflict between young and old on public education spending: a revisit / Wong Sing Yun, Rudy Ansar and Faerozh Madli
title_full Intergenerational conflict between young and old on public education spending: a revisit / Wong Sing Yun, Rudy Ansar and Faerozh Madli
title_fullStr Intergenerational conflict between young and old on public education spending: a revisit / Wong Sing Yun, Rudy Ansar and Faerozh Madli
title_full_unstemmed Intergenerational conflict between young and old on public education spending: a revisit / Wong Sing Yun, Rudy Ansar and Faerozh Madli
title_sort intergenerational conflict between young and old on public education spending: a revisit / wong sing yun, rudy ansar and faerozh madli
publisher Faculty of Business and Management
publishDate 2022
url https://ir.uitm.edu.my/id/eprint/72139/1/72139.pdf
https://ir.uitm.edu.my/id/eprint/72139/
https://myjms.mohe.gov.my/index.php/JIBE/index
_version_ 1753791961517522944
score 13.211869

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