Is population beneficial to economic growth? An empirical study of China
Document Type
Article
Publication Date
1-1-2018
Abstract
This study examined the relationship between population growth and economic growth in China. It employed innovative econometric methods including the breakpoint unit root test, the autoregressive distributed lag method, the bounds test for cointegration and the Toda–Yamamoto causality test. The empirical analysis detected a negative long-run relationship and bidirectional causality between population and economic growth. This means that the findings suggested that population growth was a cause and an effect of economic growth. The study concluded that population expansion could be detrimental to economic growth in China. At the same time, economic growth could stem population expansion.
Keywords
ARDL method, China, Economic growth, Population, Structural break, Toda–Yamamoto causality test
Divisions
aei
Publication Title
Quality & Quantity
Volume
52
Issue
1
Publisher
Springer Verlag