Record Details

Is Population Growth beneficial or detrimental for Economic Growth? : An Indian Experience

Advances in Asian Social Science

View Archive Info
 
 
Field Value
 
Title Is Population Growth beneficial or detrimental for Economic Growth? : An Indian Experience
 
Creator RAY, SARBAPRIYA; ASSISTANT PROFESSOR,SHYAMPUR SIDDHESWARI MAHAVIDYALAYA,UNIVERSITY OF CALCUTTA,INDIA
Ray, Ishita Aditya
 
Subject Population growth; economic growth; causality; India
 
Description The nature, direction and pattern of the causal relationship between population growth  and economic growth has been the subject of  very old debate among economists, demographers, policy-makers and researchers which is  an open issue in development economics. This study seeks to examine the fundamental issue concerning causality between population development and economic development for India. Therefore, the paper tries to assess empirically the dynamic relationship between population growth and economic growth in India using annual data over the period 1952-53 to 2010-11. The unit root properties of the data were examined using the Augmented Dickey Fuller test (ADF) and Phillip-Perron (P-P) after which the cointegration and causality tests were conducted. The result suggests that the series of both variables of our consideration-POP and GDP, namely, population growth and economic growth are found to be integrated of order one using the ADF and Phillips-Perron tests for unit root. The cointegration test confirmed that economic growth and export are cointegrated, indicating an existence of long run equilibrium relationship in Indian context between the two as confirmed by the Johansen cointegration test results. The Granger causality test finally confirmed the presence of uni-directional causality which runs from India’s population expansion to its economic growth but not vice versa .
 
Publisher World Science Publisher
 
Contributor —
 
Date 2012-05-14
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
—
 
Format application/pdf
 
Identifier http://worldsciencepublisher.org/journals/index.php/AASS/article/view/328
 
Source Advances in Asian Social Science; Vol 1, No 3 (2012); 285-292
2167-6429
 
Language eng
 
Relation http://worldsciencepublisher.org/journals/index.php/AASS/article/view/328/268
 
Rights Copyright NoticeProposed Creative Commons Copyright Notices1. Proposed Policy for Journals That Offer Open AccessAuthors who publish with this journal agree to the following terms:Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).Proposed Policy for Journals That Offer Delayed Open AccessAuthors who publish with this journal agree to the following terms:Authors retain copyright and grant the journal right of first publication, with the work [SPECIFY PERIOD OF TIME] after publication simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).