Record Details

Urban population and economic growth: South Asia perspective

European Journal of Government and Economics

View Archive Info
 
 
Field Value
 
Title Urban population and economic growth: South Asia perspective
 
Creator Sarker, Sandip
Khan, Arifuzzaman
Mannan, Mehdad Mamur
 
Subject Urban Population; Economic Growth; South Asia; Vector Error Correction Model; Panel Data.
O18; C32; J10; R11.
 
Description Previously economic growth was generally discussed in terms of foreign direct investment (FDI), educational growth, savings, investments, inflation as well as trade openness of a nation. Very recently it has been identified that population is one of the major determinants of economic growth of a nation. In the recent years, the study of urbanization has gained a matter of concern in developing countries as it has been recognized as part of a larger process of economic development which is affecting developing countries. South Asian countries are one of the emerging economics and growing at a faster rate over the past few years. At the same time, population of South Asia is growing at a significant rate. Therefore the study has attempted to identify the causal relationship between urban population and economic growth in South Asia using a panel data analysis. The study makes use of the Augmented Dickey-Fuller (ADF) and Phillips-Perron (PP), Pesaran as well as Fisher methods for panel unit root test. The panel Pedroni cointegration test suggests that there is long run relationship between the variables. The further panel Vector Error Correction Model (VECM) suggests that there is long run causality running from urban population growth to economic growth in South Asia. The study concludes that the growth of urban population can have significant impact on economic growth in South Asia in the long run.
 
Publisher Europa Grande
 
Contributor —
 
Date 2016-07-01
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.ejge.org/index.php/ejge/article/view/96
 
Source European Journal of Government and Economics; Vol 5, No 1 (2016); 64-75
2254-7088
 
Language eng
 
Relation http://www.ejge.org/index.php/ejge/article/view/96/64
http://www.ejge.org/index.php/ejge/article/downloadSuppFile/96/34
 
Rights Copyright (c) 2016 Sandip Sarker, Arifuzzaman Khan, Mehdad Mamur Mannan
http://creativecommons.org/licenses/by/4.0