Population Growth and Economic Growth: Long-Run Evidence from Latin America
Unit root tests, the Johansen maximal likelihood methodology, and Granger causality tests in the context of a one-step error correction model are used to examine the long-run relation between population and per capita GDP in seven Latin American countries over most of the 20th century. The results suggest that no long-run relation has existed and, hence, population growth neither causes per capita GDP growth nor is caused by it.
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Volume (Year): 68 (2001)
Issue (Month): 2 (October)
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