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Evaluating the nonlinear population-economic growth nexus in MENA countries

BENGANA, Ismail Mohamed and Adeleye, Bosede Ngozi and BOUKHELKHAL, Abdelaziz Abdelkhader and Okafor, Victoria and Alnefaie, Abdulah HAMOUD and Elnour Salim, Eltahir Ibrahim (2022) Evaluating the nonlinear population-economic growth nexus in MENA countries. research square. pp. 1-17.

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Abstract

The relation between population growth and economic growth is a complex one, and the historical quantitative evidence is ambiguous. This study contributes to the population-economic growth literature by interrogating whether the relationship is monotonic or if a turning point exists. Using panel data on a sample of 19 MENA countries from 1965 to 2018 and deploying the PSCE and FGLS techniques, the results reveal inter alia: (1) a U-shaped relation exists; (2) unemployment and nancial development are negative predictors of economic growth; and (3) trade and in ation rate are positive predictors. Policy recommendations are discussed.

Item Type: Article
Uncontrolled Keywords: economic growth, population growth, MENA, nonlinear
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HB Economic Theory
Divisions: Faculty of Law, Arts and Social Sciences > School of Social Sciences
Depositing User: nwokealisi
Date Deposited: 06 Mar 2024 13:48
Last Modified: 06 Mar 2024 13:48
URI: http://eprints.covenantuniversity.edu.ng/id/eprint/17834

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