On the Long-Run Relationship between Population and Economic Growth: Some Time Series Evidence for Developing Countries
AbstractThis paper focuses on the relationship between population growth and economic growth in many developing countries. Our results from the Johansen cointegration test and error-correction models are supportive of Simon's (1989) theory that population growth and economic growth exhibit a potent long-run (rather than a short-run) relationship across countries. The results further suggest that population expansion positively contributes to economic development in the majority of the countries examined. However, causality inferences are not uniform across countries and the results appear sensitive to the particular stage of economic development.
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Bibliographic InfoArticle provided by Eastern Economic Association in its journal Eastern Economic Journal.
Volume (Year): 25 (1999)
Issue (Month): 3 (Summer)
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Developing Countries; Development; Economic Growth; Growth; Population;
Find related papers by JEL classification:
- O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
- O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
- J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
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- Hasan, Mohammad S., 2010. "The long-run relationship between population and per capita income growth in China," Journal of Policy Modeling, Elsevier, vol. 32(3), pages 355-372, May.
- Esther Stroe-Kunold & Joachim Werner, 2009. "A drunk and her dog: a spurious relation? Cointegration tests as instruments to detect spurious correlations between integrated time series," Quality & Quantity: International Journal of Methodology, Springer, vol. 43(6), pages 913-940, November.
- Wang, Jiamin, 2008. "China's Regional Disparity in Demographic Transition: A Spatial Analysis," The Review of Regional Studies, Southern Regional Science Association, vol. 38(3), pages 289-317.
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