Household debt and economic growth in Asia Pacific / Fatin Nadira Roslim

Household debt does give impact towards the growth of economic. Higher in household debt is deemed to be at worrying stage as it could turn out lead to another financial crisis. Therefore, the study aims to investigate the relationship between household debt on economic growth in selected Asia Pacif...

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Main Author: Roslim, Fatin Nadira
Format: Student Project
Language:English
Published: Faculty of Business and Management 2018
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/20792/
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author Roslim, Fatin Nadira
author_facet Roslim, Fatin Nadira
author_sort Roslim, Fatin Nadira
building UiTM Institutional Repository
collection Online Access
description Household debt does give impact towards the growth of economic. Higher in household debt is deemed to be at worrying stage as it could turn out lead to another financial crisis. Therefore, the study aims to investigate the relationship between household debt on economic growth in selected Asia Pacific countries. The variables used in this study including Household Debt (HD), Consumption (C ), Labor Force (LF), Gross Capital Formation (GCF), Unemployment Rate (U ) and Household Saving as independent variables and Gross Domestic Product (GDP) as dependent variable. Moreover, the study utilized the theory of Solow Growth Model to estimate the regression. The result show that household debt, labour force and gross capital formation are significantly affect the GDP. From the result, household debt and gross capital formation indicates a positive significant relationship while labour force shows negative significant relationship towards GDP. However, consumption, unemployment rate and household saving reveals insignificant relationship to GDP. These results further understanding the relationship between household debt on economic growth and should be useful for policy maker, investor, household and future researcher.
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spelling uitm-207922018-08-14T02:56:25Z https://ir.uitm.edu.my/id/eprint/20792/ Household debt and economic growth in Asia Pacific / Fatin Nadira Roslim Roslim, Fatin Nadira Income. Income distribution. National income. Including gross national product, gross domestic product, and gross state product Economic development. Development economics. Economic growth Household debt does give impact towards the growth of economic. Higher in household debt is deemed to be at worrying stage as it could turn out lead to another financial crisis. Therefore, the study aims to investigate the relationship between household debt on economic growth in selected Asia Pacific countries. The variables used in this study including Household Debt (HD), Consumption (C ), Labor Force (LF), Gross Capital Formation (GCF), Unemployment Rate (U ) and Household Saving as independent variables and Gross Domestic Product (GDP) as dependent variable. Moreover, the study utilized the theory of Solow Growth Model to estimate the regression. The result show that household debt, labour force and gross capital formation are significantly affect the GDP. From the result, household debt and gross capital formation indicates a positive significant relationship while labour force shows negative significant relationship towards GDP. However, consumption, unemployment rate and household saving reveals insignificant relationship to GDP. These results further understanding the relationship between household debt on economic growth and should be useful for policy maker, investor, household and future researcher. Faculty of Business and Management 2018 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/20792/1/PPb_FATIN%20NADIRA%20ROSLIM%20M%20BM%2018_5.pdf Roslim, Fatin Nadira (2018) Household debt and economic growth in Asia Pacific / Fatin Nadira Roslim. (2018) [Student Project] <http://terminalib.uitm.edu.my/20792.pdf> (Unpublished)
spellingShingle Income. Income distribution. National income. Including gross national product, gross domestic product, and gross state product
Economic development. Development economics. Economic growth
Roslim, Fatin Nadira
Household debt and economic growth in Asia Pacific / Fatin Nadira Roslim
title Household debt and economic growth in Asia Pacific / Fatin Nadira Roslim
title_full Household debt and economic growth in Asia Pacific / Fatin Nadira Roslim
title_fullStr Household debt and economic growth in Asia Pacific / Fatin Nadira Roslim
title_full_unstemmed Household debt and economic growth in Asia Pacific / Fatin Nadira Roslim
title_short Household debt and economic growth in Asia Pacific / Fatin Nadira Roslim
title_sort household debt and economic growth in asia pacific / fatin nadira roslim
topic Income. Income distribution. National income. Including gross national product, gross domestic product, and gross state product
Economic development. Development economics. Economic growth
url https://ir.uitm.edu.my/id/eprint/20792/