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政大典藏 > College of Commerce > Department of Money and Banking > Periodical Articles > Item 140.119/61737

Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/61737

Title:	Population and Economic Growth: a Simultaneous Equation Perspective
Authors:	黃台心 Huang,Tai-Hsin;Xie,Zixiong
Contributors:	金融系
Keywords:	population growth;economic growth;simultaneous equations;identification
Date:	2012.1
Issue Date:	2013-11-20 17:45:12 (UTC+8)
Abstract:	This article examines the relationship between Population Growth (PG) and Economic Growth (EG) in the framework of simultaneous structural equation models. Based on Lewbel (2012), the structural parameters can be estimated using the Generalized Method of Moments (GMM). Identification requires a heteroscedastic covariance restriction that appears in some models of endogeneity, measurement errors and panel data. This study obtains several findings. First, the current and lagged variables of PG negatively and positively affect EG in the short run. Second, PG does not significantly influence EG in the long run. Third, the reverse relations running from EG to PG are weak in both the short and long run, regardless of economic development conditions.
Relation:	Applied Economics, 45(27), 3820-3826
Data Type:	article
DOI link:	http://dx.doi.org/10.1080/00036846.2012.734596
DOI:	10.1080/00036846.2012.734596
Appears in Collections:	[Department of Money and Banking] Periodical Articles

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