Supplementary Files
Keywords
Aging Population
Cointegration
Demographic Change
Error
How to Cite
Abstract
Indonesia experiences demographic change because of basically the result of successful policies in the past. Especially in the health sector where in the era of Orde Baru[1] the family planning program was successfully implemented. Productive age over non productive age are the two main variables in addition to some other variables that are also shaping demographic change. This study highlighted the demographic changes, particularly with the increasing burden of government dependents in the allocation of education, health, and social security. This study attempted to see the effect of demographic change on government fiscal using the Error Correction Model. The choice of this model was because ECM could be used to see the short-run dynamic relationship of variables that have cointegration relationship. The results showed that there are cointegration so that it could be continued by estimating using ECM and the results show that demographic change have an influence on government fiscal where proxies used such as mortality, birth rate, life expectancy have significant effect while productive and non-productive age have no significant effects.
Â[1] Orde Baru is Period when Soeharto occupied as The 2nd President of Indonesia
Authors who publish in this journal agree to the following terms:
- The journal holds the copyright for each article published with work licensed simultaneously under a Creative Commons Attribution 4.0 International License, which allows others to share the work with an acknowledgement of the authorship and early publication of the work in this journal.
- Authors must agree to the copyright transfer agreement by checking the Copyright Notice column at the initial stage when submitting the article.