The long run relationship between population growth and economic growth: Empirical evidence from Bangladesh
Does population growth induce or depress economic growth? Or, does economic growth encourage or discourage population growth? This is a long-existing debate which has sustained throughout the centuries. This paper investigates the causal relationship between GDP per capita and population growth in B...
Autor principal: | |
---|---|
Formato: | Working Paper |
Lenguaje: | en_US |
Publicado: |
BRAC Institute of Governance and Development (BIGD)
2022
|
Materias: | |
Acceso en línea: | http://hdl.handle.net/10361/15888 |
id |
10361-15888 |
---|---|
record_format |
dspace |
spelling |
10361-158882022-01-12T21:01:43Z The long run relationship between population growth and economic growth: Empirical evidence from Bangladesh Zahan, Iffat Cointegration Causality Demographic transition Economic growth GDP per capita Malthusian regimes Population growth Does population growth induce or depress economic growth? Or, does economic growth encourage or discourage population growth? This is a long-existing debate which has sustained throughout the centuries. This paper investigates the causal relationship between GDP per capita and population growth in Bangladesh. Using the Johansen co-integration test, we find evidence of a long-run relationship between population growth and GDP per capita. Next with a Vector Error Correction Model (VEC), we find a causal direction between the two, which suggests that in Bangladesh population growth actually negatively affects GDP per capita, but not vice versa. Therefore, to some extent, Bangladesh is in the Modern Growth regime stage. Hence, the policy implication is very clear: appropriate measures should be taken in order to arrest population growth. 2022-01-12T08:53:52Z 2022-01-12T08:53:52Z 2016 2016-09 Working Paper http://hdl.handle.net/10361/15888 en_US https://bigd.bracu.ac.bd/publications/the-long-run-relationship-between-population-growth-and-economic-growth-empirical-evidence-from-bangladesh/ application/pdf BRAC Institute of Governance and Development (BIGD) |
institution |
Brac University |
collection |
Institutional Repository |
language |
en_US |
topic |
Cointegration Causality Demographic transition Economic growth GDP per capita Malthusian regimes Population growth |
spellingShingle |
Cointegration Causality Demographic transition Economic growth GDP per capita Malthusian regimes Population growth Zahan, Iffat The long run relationship between population growth and economic growth: Empirical evidence from Bangladesh |
description |
Does population growth induce or depress economic growth? Or, does economic growth encourage or discourage population growth? This is a long-existing debate which has sustained throughout the centuries. This paper investigates the causal relationship between GDP per capita and population growth in Bangladesh. Using the Johansen co-integration test, we find evidence of a long-run relationship between population growth and GDP per capita. Next with a Vector Error Correction Model (VEC), we find a causal direction between the two, which suggests that in Bangladesh population growth actually negatively affects GDP per capita, but not vice versa. Therefore, to some extent, Bangladesh is in the Modern Growth regime stage. Hence, the policy implication is very clear: appropriate measures should be taken in order to arrest population growth. |
format |
Working Paper |
author |
Zahan, Iffat |
author_facet |
Zahan, Iffat |
author_sort |
Zahan, Iffat |
title |
The long run relationship between population growth and economic growth: Empirical evidence from Bangladesh |
title_short |
The long run relationship between population growth and economic growth: Empirical evidence from Bangladesh |
title_full |
The long run relationship between population growth and economic growth: Empirical evidence from Bangladesh |
title_fullStr |
The long run relationship between population growth and economic growth: Empirical evidence from Bangladesh |
title_full_unstemmed |
The long run relationship between population growth and economic growth: Empirical evidence from Bangladesh |
title_sort |
long run relationship between population growth and economic growth: empirical evidence from bangladesh |
publisher |
BRAC Institute of Governance and Development (BIGD) |
publishDate |
2022 |
url |
http://hdl.handle.net/10361/15888 |
work_keys_str_mv |
AT zahaniffat thelongrunrelationshipbetweenpopulationgrowthandeconomicgrowthempiricalevidencefrombangladesh AT zahaniffat longrunrelationshipbetweenpopulationgrowthandeconomicgrowthempiricalevidencefrombangladesh |
_version_ |
1814308235618811904 |