The relationship between population and economic growth in asian economies

The main aim of the study is to investigate the relationship between population and economic growth in Asian economies. Generally, the results of the Johansen (1988) and Gregory and Hansen (1996) cointegration methods show that there is no long-run relationship between population and economic growth...

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Main Authors: Wong, Hock Tsen, Fumitaka Furuoka
Format: Article
Language:English
Published: ISEAS - Yusof Ishak Institute 2005
Subjects:
Online Access:https://eprints.ums.edu.my/id/eprint/20359/1/The%20relationship%20between%20population%20and%20economic%20growth%20in%20asian%20economies.pdf
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author Wong, Hock Tsen
Fumitaka Furuoka
author_facet Wong, Hock Tsen
Fumitaka Furuoka
author_sort Wong, Hock Tsen
collection UMS
description The main aim of the study is to investigate the relationship between population and economic growth in Asian economies. Generally, the results of the Johansen (1988) and Gregory and Hansen (1996) cointegration methods show that there is no long-run relationship between population and economic growth. Nonetheless, the study finds that there is bidirectional Granger causality between population and economic growth for Japan, Korea, and Thailand. For China, Singapore, and the Philippines, population is found to Granger cause economic growth and not vice versa. For Hong Kong and Malaysia, economic growth is found to Granger cause population and not vice versa. For Taiwan and Indonesia, there is no evidence of Granger causality between population and economic growth. On the whole, the relationship between population and economic growth is not straightforward. Population growth could be beneficial or detrimental to economic growth and economic growth could have an impact on population growth.
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spelling ums.eprints-203592018-07-03T04:02:40Z https://eprints.ums.edu.my/id/eprint/20359/ The relationship between population and economic growth in asian economies Wong, Hock Tsen Fumitaka Furuoka HF Commerce The main aim of the study is to investigate the relationship between population and economic growth in Asian economies. Generally, the results of the Johansen (1988) and Gregory and Hansen (1996) cointegration methods show that there is no long-run relationship between population and economic growth. Nonetheless, the study finds that there is bidirectional Granger causality between population and economic growth for Japan, Korea, and Thailand. For China, Singapore, and the Philippines, population is found to Granger cause economic growth and not vice versa. For Hong Kong and Malaysia, economic growth is found to Granger cause population and not vice versa. For Taiwan and Indonesia, there is no evidence of Granger causality between population and economic growth. On the whole, the relationship between population and economic growth is not straightforward. Population growth could be beneficial or detrimental to economic growth and economic growth could have an impact on population growth. ISEAS - Yusof Ishak Institute 2005 Article PeerReviewed text en https://eprints.ums.edu.my/id/eprint/20359/1/The%20relationship%20between%20population%20and%20economic%20growth%20in%20asian%20economies.pdf Wong, Hock Tsen and Fumitaka Furuoka (2005) The relationship between population and economic growth in asian economies. ASEAN Economic Bulletin, 22 (3). pp. 314-330. https://www.jstor.org/stable/25773869
spellingShingle HF Commerce
Wong, Hock Tsen
Fumitaka Furuoka
The relationship between population and economic growth in asian economies
title The relationship between population and economic growth in asian economies
title_full The relationship between population and economic growth in asian economies
title_fullStr The relationship between population and economic growth in asian economies
title_full_unstemmed The relationship between population and economic growth in asian economies
title_short The relationship between population and economic growth in asian economies
title_sort relationship between population and economic growth in asian economies
topic HF Commerce
url https://eprints.ums.edu.my/id/eprint/20359/1/The%20relationship%20between%20population%20and%20economic%20growth%20in%20asian%20economies.pdf
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