IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/36946.html
   My bibliography  Save this paper

Population and economic growth theme: Longitudinal data for a sample of Balkan countries

Author

Listed:
  • Josheski, Dushko
  • Nikola, Dimitrov
  • Koteski, Cane

Abstract

In this paper we use pooled cross-sectional (longitudinal data) in a sample of 10 Balkan countries. The period we cover is from 1950-2009 data are for population and economic growth. In the theoretical part we present optimal intergenerational model of population growth. The optimal population growth depends on capital in the future period and future consumption. Consumption should be greater than zero, and less than total capital of the current generation. In the econometric part OLS regression with dummies the coefficient on Macedonia,is highest significant coefficient meaning, if we control for Macedonia we will on average find more positive association between growth of GDP and population growth. Hausman test was in favor of fixed effects model, but fixed effects and Random effects model showed that there is positive coefficient between GDP growth and population growth. Coefficient in the FE model was statistically significant, which was not case in RE model. From the Fischer’s panel unit root test we reject the null hypothesis that panels contain unit root and we accept the alternative that at least one panel is stationary, for the population growth and GDP growth.

Suggested Citation

  • Josheski, Dushko & Nikola, Dimitrov & Koteski, Cane, 2012. "Population and economic growth theme: Longitudinal data for a sample of Balkan countries," MPRA Paper 36946, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:36946
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/36946/1/MPRA_paper_36946.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Wooldridge, Jeffrey M., 1995. "Selection corrections for panel data models under conditional mean independence assumptions," Journal of Econometrics, Elsevier, vol. 68(1), pages 115-132, July.
    2. Greene, W., 2001. "Estimating Econometric Models with Fixed Effects," New York University, Leonard N. Stern School Finance Department Working Paper Seires 01-10, New York University, Leonard N. Stern School of Business-.
    3. Michael Kremer, 1993. "Population Growth and Technological Change: One Million B.C. to 1990," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 108(3), pages 681-716.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Das Gupta, Monica & Bongaarts, John & Cleland, John, 2011. "Population, poverty, and sustainable development : a review of the evidence," Policy Research Working Paper Series 5719, The World Bank.
    2. Inmaculada Garc�a-Mainar & V�ctor M. Montuenga-G�mez, 2017. "Subjective educational mismatch and signalling in Spain," Documentos de Trabajo dt2017-03, Facultad de Ciencias Económicas y Empresariales, Universidad de Zaragoza.
    3. Maria Casanova-Rivas, 2008. "Dynamic Complementarities: A Computational and Empirical Analysis of Couples' Retirement Decisions," 2008 Meeting Papers 1073, Society for Economic Dynamics.
    4. Dietrich Vollrath, 2009. "The dual economy in long-run development," Journal of Economic Growth, Springer, vol. 14(4), pages 287-312, December.
    5. González-Uribe, Juanita & Reyes, Santiago, 2021. "Identifying and boosting “Gazelles”: Evidence from business accelerators," Journal of Financial Economics, Elsevier, vol. 139(1), pages 260-287.
    6. Kadreva, Olga, 2016. "The influence of quantity and age of children on working women’ salaries," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 41, pages 62-77.
    7. Peter Egger & Douglas Nelson, 2011. "How Bad Is Antidumping? Evidence from Panel Data," The Review of Economics and Statistics, MIT Press, vol. 93(4), pages 1374-1390, November.
    8. Massimo Colombo & Annalisa Croce & Samuele Murtinu, 2014. "Ownership structure, horizontal agency costs and the performance of high-tech entrepreneurial firms," Small Business Economics, Springer, vol. 42(2), pages 265-282, February.
    9. D'Addio, Anna Cristina & De Greef, Isabelle & Rosholm, Michael, 2002. "Assessing Unemployment Traps in Belgium Using Panel Data Sample Selection Models," IZA Discussion Papers 669, Institute of Labor Economics (IZA).
    10. James A. Brander, 2007. "Viewpoint: Sustainability: Malthus revisited?," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 40(1), pages 1-38, February.
    11. Elgin, Ceyhun, 2012. "A Theory Of Economic Development With Endogenous Fertility," Macroeconomic Dynamics, Cambridge University Press, vol. 16(5), pages 686-705, November.
    12. repec:spo:wpecon:info:hdl:2441/2241 is not listed on IDEAS
    13. Cuffaro, Nadia, 1997. "Population growth and agriculture in poor countries: A review of theoretical issues and empirical evidence," World Development, Elsevier, vol. 25(7), pages 1151-1163, July.
    14. Ignat Stepanok, 2016. "Creative destruction and unemployment in an open economy model," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 49(3), pages 931-948, August.
    15. Marine de Talance, 2017. "Quality Perceptions and School Choice in Rural Pakistan," Working Papers hal-01663029, HAL.
    16. Collewet, M.M.F. & de Grip, A. & Koning, J.d., 2015. "Peer working time, labour supply, and happiness for male workers," ROA Research Memorandum 006, Maastricht University, Research Centre for Education and the Labour Market (ROA).
    17. Vafeas, Nikos & Vlittis, Adamos, 2019. "Board executive committees, board decisions, and firm value," Journal of Corporate Finance, Elsevier, vol. 58(C), pages 43-63.
    18. Paul S. Segerstrom & Ignat Stepanok, 2018. "Learning How To Export," Scandinavian Journal of Economics, Wiley Blackwell, vol. 120(1), pages 63-92, January.
    19. Patrik Hultberg & David Santandreu Calonge & Seong-Hee Kim, 2017. "Education policy in South Korea: A contemporary model of human capital accumulation?," Cogent Economics & Finance, Taylor & Francis Journals, vol. 5(1), pages 1389804-138, January.
    20. Edoardo Di Porto & Vincent Merlin & Sonia Paty, 2013. "Cooperation among local governments to deliver public services : a "structural" bivariate response model with fixed effects and endogenous covariate," Working Papers halshs-00787600, HAL.
    21. Jia, Lili, 2012. "Land fragmentation and off-farm labor supply in China," Studies on the Agricultural and Food Sector in Transition Economies, Leibniz Institute of Agricultural Development in Transition Economies (IAMO), volume 66, number 66.

    More about this item

    Keywords

    Population growth; economic growth; Fixed effects model; Random effects model; OLS with dummies model;
    All these keywords.

    JEL classification:

    • R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:36946. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.