ISSN: 2222-6990
Open access
Higher education and economic growth are interrelated. The role of higher learning institutions is becoming increasingly important today to produce a knowledgeable workforce to meet the needs of the labor market. This study aims to analyze the trends of higher education graduates in Malaysia over 10 years from 2008 to 2018. In addition, this study also aims to identify the relationship between the number of higher education graduates and economic growth in Malaysia during the period. Findings showed that the number of higher education graduates increases over 10 years. The increase in the number of higher education graduates is also followed by an increase in economic growth by looking at the Gross Domestic Product in Malaysia. Higher education has a positive relationship with economic growth. The higher the education level of the labor force, the higher the productivity and, consequently, the higher the country's economic growth.
Abiddin, N. Z. (2014). Senario Pembangunan Modal Insan dalam Pendidikan Tinggi di Malaysia. ATIKAN, 4(1). https://doi.org/10.2121/ATIKAN-JOURNAL.V4I1.158.G157
Tajudeen, A. B., & Raja, S. (2019). The Development of Private Higher Education Institutions (IPTS) in Malaysia 1957-2010. Journal of History Department of University of Malaya, 28(1), 133–152.
Angus, C., Chu, A. C., & Wang, X. (2021). Munich Personal RePEc Archive Culture and Stages of Economic Development Culture and Stages of Economic Development. 106900.
Ayob, A. H. (2021). Institutions and student entrepreneurship: the effects of economic conditions, culture and education. Educational Studies, 47(6), 661–679. https://doi.org/10.1080/03055698.2020.1729094
Azrin, A., Mahmor, B. I. N., & Dickson, P. P. (2018). Ipts dan pemerkasaan sistem pendidikan di malaysia. 2017, 1–11.
Dan, P., Perkapita, P., Muda, R., Koleangan, R., Kalangi, J. B., Pembangunan, J. E., & Ekonomi, F. (2019). Pengaruh Angka Harapan Hidup, Tingkat Pendidikan Dan Pengeluaran Perkapita Terhadap Pertumbuhan Ekonomi Di Sulawesi Utara Pada Tahun 2003-2017. Jurnal Berkala Ilmiah Efisiensi, 19(01), 44–55.
Grapragasem, S., Krishnan, A., & Mansor, A. N. (2014). Current Trends in Malaysian Higher Education and the Effect on Education Policy and Practice: An Overview. International Journal of Higher Education, 3(1), 85–93. https://doi.org/10.5430/ijhe.v3n1p85
Huang, F., Jin, L., & Sun, X. (2009). Relationship between Scale of Higher Education and Economic Growth in China.
Mariani, M. G., Volmer, J., Gavrilut, N., Grecu, S.-P., & Chiriac, H. C. (2022). Sustainability and Employability in the Time of COVID-19. Youth, Education and Entrepreneurship in EU Countries. https://doi.org/10.3390/su14031589
Maitra, B. (2016). Investment in Human Capital and Economic Growth in Singapore. Global Business Review, 17(2), 425-437. Doi:org/10.1177/0972150915619819
Ministry of Higher Education. (2010). Indikator pengajian tinggi 2009-2010. Bahagian Perancangan Dan Penyelidikan, 1–50.
Nashraf, M. (2011). Pendidikan Tinggi dan Pertumbuhan Ekonomi di Malaysia. 1, 424–428.
Lazim, N. M., & Yusof, N. (2012). Universiti, Pembangunan Modal Insan dan Penumpuan Ruang Komuniti Berpendidikan Tinggi di Malaysia: Suatu Ulasan Kritis. E-bangi Journal of Social Sciences and Humanities, 7(2), 308-327.
Podrecca, E., & Carmeci, G. (2002). Does Education Cause Economic Growth?? January, 1–28.
RMK11. (2015). Rancangan Malaysia Kesebelas 2016-2020. In Rancangan Malaysia Kesebelas (Eleventh Malaysia Plan)?: 2016-2020. http://rmk11.epu.gov.my/book/eng/Elevent-Malaysia-Plan/RMKe-11 Book.pdf
Self, S., & Grabowski, R. (2003). How effective is public health expenditure in improving overall health? A cross-country analysis. Applied Economics, 35(7), 835–845. https://doi.org/10.1080/0003684032000056751
Sieng, L. W., & Yussof, I. (2017). Education Level and Economic Growth: Study on High-Income Nation in East Asia. Persidangan Kebangsaan Ekonomi Malaysia, 788-798.
Sieng, L. W., & Yussof, I. (2018). Impact of higher education on income and economic growth: A cross country evidence. Jurnal Ekonomi Malaysia, 52(2). https://doi.org/10.17576/jem-2018-5202-15
Unit Perancang Ekonomi. (2006). Rancangan Malaysia Kesembilan (RMK9) 2006-2010. Economic Planning Unit, Prime Minister’s Department, 591. https://www.epu.gov.my/sites/default/files/2020-03/RMK9.pdf
Zuber, M., & Muhammad, H. (2015). Kebolehpasaran dan Pengangguran Graduan Lepasan Institusi Pengajian Tinggi. International Conference on Global Education III “Human Resources Development Towards Global Economy,” April, 351–363. https://www.researchgate.net/publication/340664506_Kebolehpasaran_dan_Pengangguran_Graduan_Lepasan_Institusi_Pengajian_Tinggi
Zulnaidi, K., & Majid, M. Z. A. (2020). Readiness and Understanding of Technical Vocational Education and Training (TVET) Lecturer in Intergration of Industrial Revolution 4.0. International Journal of Innovation, Creativity and Change. Vol 10 (2).
In-Text Citation: (Abdullah et al., 2022)
To Cite this Article: Abdullah, N. S. S., Abd. Majid, M. Z., & Shahid, S. (2022). Learning of Higher Education and Economic Growth in Malaysia. International Journal of Academic Research in Business and Social Sciences. 12(6), 28-38.
Copyright: © 2022 The Author(s)
Published by HRMARS (www.hrmars.com)
This article is published under the Creative Commons Attribution (CC BY 4.0) license. Anyone may reproduce, distribute, translate and create derivative works of this article (for both commercial and non-commercial purposes), subject to full attribution to the original publication and authors. The full terms of this license may be seen at: http://creativecommons.org/licences/by/4.0/legalcode