THE IMPACT OF POPULATION ON ECONOMIC GROWTH EVIDENCE FROM PAKISTAN

Abstract

Growing population is one of the major component of economic growth. The existing theoretical and empirical literature have found both positive and negative impact of population on economic growth. This paper inspects the impact of population on economic growth of Pakistan for the time period of 1961 to 2020. Data on dependent and independent variables were taken from world development indicator. Moreover, the study used (ARDL) to analyze the data. Findings of this study indicates that Population and Crude death rate have positive effect on economic growth in the short and long run. While, Fertility has a negative effect on economic growth in both short and long run. Finally, the result of this study are unbiased as evidenced by different diagnostic test used