Abstract
The study of population and economic growth has been the subject of intense debates between the two schools of thought. One relates to pessimistic opinion that population has a negative impact on economic growth while the other is convinced that the effect is positive. Recently, third group argues that the rise in population is neutral on economic growth. However, till date, the issue remains inconclusive. To analyse causality, using 51 years time series data of GDP and population growth, a Granger Causality Test was done and found that population growth causes neither GDP nor vice versa in India.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have