| Population growth and per capita income： A panel cointegration analysis |
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| 摘 要： | The noteworthy effects of demographic factors on economic development have been well documented. However, the empirical formulation grounds heavily on theoretical framework. Moreover, there is no set agreement on the relationship between population growth and per capita income. This paper retraces the famous pastime relationship for a sample of thirty-two countries classified as developing and developed over the period of 1970-2007. The methodology includes panel unit root tests and panel cointegration analysis. The main conclusion of the study is that population growth is an indicator of per capita income. The empirical findings display the existence of cointegration for both country groups. Moreover, the results support a significantly positive effect for developed countries; whereas a significantly negative effect for developing countries.
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| 关 键 词： | 人均收入 人口增长 面板 发展中国家 单位根检验 人口因素 经济发展 协整关系 |
Population growth and per capita income： A panel cointegration analysis |
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| Authors: | Ash Kucukaslan Sadullah Celik |
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| Institution: | [1]Department of Economics, Marmara University, lstanbu134722, Turkey [2]Department of Business Administration, Marmara University, lstanbu134722, Turkey |
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| Abstract: | economic development population growth panel cointegration |
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| Keywords: | economic development population growth panel cointegration |
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